“I couldn’t get a disease named after me, so I settled for a tax,” joked Warren Buffett. The king of investing, who has oddly taken an active interest in snapping up companies in the withering daily newspaper industry, clearly has a golden track record with few blemishes. He also seems like a pretty cool old guy.
After the U.S. jobs report was announced earlier this week, Dairy Queen-lovin’ Warren remarked that the likelihood of another U.S. recession in the near future is slim. While he called these chances “very low,” he also added that could change if the European financial crisis “spilled over in a big way.” If that happened, I don’t think any of us would be shocked, frankly.
Do you agree with Warren Buffett? What does your accounting/financial/business advisor brain tell you?
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