Has Buffet Called the Bottom?

Anyone who has ears and eyes can tell that the recent volatility in the stock market has been almost too much to bear. With the collapse of many large financial companies, it can put fear in just about everyone’s portfolio…except the richest man in the world, Warren Buffet. In fact he is seeking out opportunities to grow in the heavily discounted financial sector of the market.
Buffet has been offered a specialty package of $5 billion in preferred stock and $5 billion in an 8% discounted common stock. This deal was specially given to Buffet, who could actually afford this amount of capital to invest. Since Buffet’s actions, the stock market has remained calmed and rightly so because when Buffet goes in for a large buy, it could very well mean the bottom has occurred leaving only positive upward movement.
It is very possible that Buffet’s timing is not correct, but even if it is off by six months, investors who do have the extra capital to invest should begin scrutinizing their options of stocks that they could purchase.
Stay tuned for my next article in stock pick scrutinizing for safely investing in the stock market.

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