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Wednesday, September 24, 2008

Economic changes

Things are happening so fast that it is hard to keep up with all the buyouts, bailouts, and political wrangling over a solution. Here is a good recap of the events so far this week, including Warren Buffett buying 9% of Goldman Sachs for $5 billion. It is instructive to note what the great investors do during economic downturns and, especially with Buffett, it is buy, buy, buy.

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