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Warren Buffett: Distressed Assets a Great Investment

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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."

Category: News
Uploaded: October 27th, 2008 @ 3:29 pm
Author: investingwisely

Length: 03:25
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Tags: distressed_assets warren_buffett investing investment mortgages bailout

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