When he speaks Wall Street listens. Now Warren Buffett is speaking and this time it is to endorse Barack Obama. "I will be very happy if he is elected president. He is my choice," Buffett said.
Having watched the economy tank under the Bush administration Buffett still feels upbeat about America’s financial prospects in the future. Alluding to the Bush management of the economy Buffett said, “ They say in the stock market ... buy stock in a business that's so good that an idiot can run it because sooner or later one will. Well, the United States is a little like that. We can take a little mis-management from time to time,"
Monday, May 19, 2008
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