Warren Buffett: Distressed Assets a Great Investment


Warren Buffett says that distressed assets are a great investment in an interview with Charlie Rose. He talks about Mortgage-Backed Securities, the government bailout. He says if you buy distressed assets at distressed prices, you will make money. He also mentions his confidence in the US economy over time, and closes with his classic quote: “You want to be greedy when others are fearful, you want to be fearful when others are greedy.”

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23 Comments

  1. TedDGPoulos
    Posted April 28, 2010 at 6:51 am | Permalink

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    Posted April 28, 2010 at 7:21 am | Permalink

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  5. DLUVRL2
    Posted April 28, 2010 at 8:32 am | Permalink

    this is the same man that won’t give his own grand daughter money for college?wtf? he has money to wipe on man.

  6. fxausa
    Posted April 28, 2010 at 9:22 am | Permalink

    great interview! kudos!

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    Posted April 28, 2010 at 10:04 am | Permalink

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  9. 407buddy
    Posted April 28, 2010 at 10:44 am | Permalink

    Who cares?…

    Blah Blah Blah,… you can’t win folks.
    Wall Street is rigged and a fraud.
    Govt economic data is a fraud.
    Bernanke, Geitner, Roubini all frauds.
    Stay away don’t get screwed.
    Stick to something that is real, take delivery
    and ownership of silver and gold bullion.
    Guard it well, keep it in the family.
    Peace.

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    Posted April 28, 2010 at 11:17 am | Permalink

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  11. pegobuilders
    Posted April 28, 2010 at 12:06 pm | Permalink

    invest ethically in “green” pensions, insurance pensions, mortgages & other financial products

  12. AshjenCapital
    Posted April 28, 2010 at 12:21 pm | Permalink

    greed is good

  13. jomman17
    Posted April 28, 2010 at 1:01 pm | Permalink

    why? because he supports obama? because he’s a rich person supporting obama?

  14. 23580578HHH
    Posted April 28, 2010 at 1:21 pm | Permalink

    i love you warren

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    Posted April 28, 2010 at 2:17 pm | Permalink

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    Posted April 28, 2010 at 3:00 pm | Permalink

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    Posted April 28, 2010 at 3:00 pm | Permalink

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  18. scientistwriter
    Posted April 28, 2010 at 3:40 pm | Permalink

    He is a mouth piece for the federal government and a tool of the federal reserve bank.

  19. jhalas20
    Posted April 28, 2010 at 4:31 pm | Permalink

    Buffett gets excited if he can buy something at a two thirds discount. He mentioned buying Merrill Lynch at 22 cents on the dollar. That’s way better than the best of what excited Berkshire!!

    Buffett speaks in modest tones, but believe me, he’s doing mental backflips at the bargains he can pick up right now. He may phrase his backflip as “I see some things that may be appealing” but it’s a backflip.

  20. 23580578
    Posted April 28, 2010 at 5:20 pm | Permalink

    you sister fucker he is my home boy

  21. edo5555
    Posted April 28, 2010 at 5:53 pm | Permalink

    lol…..dont reveal the secrets man

  22. investingwisely
    Posted April 28, 2010 at 6:36 pm | Permalink

    He’s great! He didn’t become the richest man in the world by being wrong about his investments, I’ll tell you that much.

    I think he’s right too. People talk about what trouble the economy is in, but you don’t hear as much about how this is the time when incredible fortunes are going to be made because so many investments are undervalued. If you believe in value- getting more for your buck- then you’d better believe in the bargains that are out there now!
    “Be greedy when others are fearful…”

  23. untoldtruthteam
    Posted April 28, 2010 at 7:11 pm | Permalink

    The Oracle of Omaha is my homeboy.

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