Tuesday, May 27, 2008

What Buffett is buying next...

According to those notes, in addition to Warren Buffett's usual advice to think long-term, read a lot, and take advantage of market volatility, Buffett said:

The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.

That means "Buy China," and that's because, as National Geographic Editor-in-Chief Chris Johns wrote in a recent column, "The shock waves of its growth reverberate in every corner of the globe."

(Click on bold headline for complete story)

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