Buffet hammers on the most driest business,as he has limitless cash,which leads him to eternity.
He has put more than 20 billion to work last year.,while most investors panicked .
His Barclay’s investment has purchased 80% of Israel’s metal cutting tool manufacturer Iscar metalworking company for 4 billion.It invested 4.5 billion in Marmon Holdings, and3 billion in Dow chemicals.
He exploded when the stock markets became weak. He is a sure guide for long term funding, and many take his lead.He took a hasty move when he subscribed to Goldman sachs and General Electric.The shares have come down by 30%. Invest he may in recession, buy he may buy stocks of loss making companies, stand out he may when the rest were intrigued, Buffet is still a mortal, prone to weakness and rash judgements.
Buffet is a fine take, but his strategies kindle awe.He has tonnes of money, he can take risk. He is a predicament, a phenomenon,a hero , hard to imitate, difficult to follow. He is his own reward.No recipie go to make this man .