Warren Buffett is channeling one of his long-held investing philosophies in his recent flurry of buzzy deals, says one fellow value-focused investor. That is to be greedy when others in the market are fearful. “I think he is reminding us that when the tide goes out, we see who has been swimming,” remarked Research Affiliates CEO Chris Brightman on Yahoo Finance Live. The 91-year-old billionaire investor revealed Monday that his Berkshire Hathaway will spend $11.6 billion to buy insurance… Source link
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