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skypicks (65.72)

Time to buy?

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October 17, 2008 – Comments (0) | RELATED TICKERS: PGF , GS , GE

http://www.nytimes.com/2008/10/17/opinion/17buffett.html?_r=1&ref=opinion&oref=slogin

So says the Oracle of Omaha and I tend to agree with him. Or maybe he agrees with me. I bought some GS preferred stock about 3 days before he did for about 20% less. Too bad that the only way to reflect it on CAPS is by being long PGF. I haven't bought into GE because it's probably too early in the cycle. Still, there are bargains out there. The good news is that we don't have to settle for second best because the best companies are too expensive.  

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