Warren Buffet, world-renowned investor, said today at Columbia University’s business school, “The financial panic is behind us. Our economy was sputtering, still is sputtering some.”
Buffet also said that there is more opportunity for investments inside the United States than out and advised the government not to coddle companies that need federal bailouts.
Last week, Buffet acted on his optimism toward the economic recovery: his company, Berkshire Hathaway Inc., agreed to pay $26.4 billion for 77 percent of the railroad company Burlington Northern Santa Fe Corp.
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