Warren Buffett has written an interesting article for today’s New York Times.
In a rare public admission, he has stated that he is personally (not Berkshire Hathaway) buying stocks in the current market and only US stocks. In his article he explains that bad news is an investor’s best friend and why now is the best time to buy shares.
He is following his own rule of investing:
“Be fearful when others are greedy, and be greedy when others are fearful”.