[411guy]

Warren Buffett is currently placing his investment bets:

"But now, only a year after the crisis struck, he seems to be worrying that the broader stock market might falter again. After boldly buying when so many were selling assets, his conglomerate, Berkshire Hathaway, is pulling back, buying fewer stocks while investing in corporate and government debt. And Mr. Buffett is warning that the economy, though on the mend, remains deeply troubled."

http://www.nytimes.com/2009/09/08/business/economy/08buffett.html?th&emc=th

Interesting article.

 

[411guy]

....and here is how the rest of the rich are currently behaving with their money:

"In a down economy, what are the wealthy doing with their money?

Experts who work with the wealthy and observe their spending habits say rich folks are sitting on their cash. Just like the rest of us, they're worried about the future. Suddenly uncomfortable with the nation's financial volatility, the wealthy are revisiting their investment and savings strategies, says Chris Geczy, director of the Wharton Wealth Management Initiative at the Wharton School in Philadelphia.

"They're consuming less and saving more," Geczy says."

http://finance.yahoo.com/focus-reti...h-save-today.html?mod=fidelity-buildingwealth


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