Billionaire investor Warren Buffett has led the charge into the battered stock market of late by making large acquisitions at a time when most investors are fiercely protecting their cash. One analyst told CNBC that even though he is suffering some heavy losses in the short term, the strategy will pay off.
Buffett on the Right Track?
The 12 percent divided Buffett is receiving on his stake in Swiss Re just goes to show that his strategy is sound, Michael Yoshikami, founder, president & chief investment strategist at YCMNet Advisors, told CNBC.
“Having cash in the bank and being a prudent long-term investor, like Berkshire Hathaway or Warren Buffett has been, has paid off,” he said.
“We’ve been a big buyer of Berkshire Hathaway for quite some time, we think it’s very cheaply valued right now,” he added.
Chips are Down for Gaming Sector
Despite a promising long-term outlook, the gaming sector will continue to suffer until the end of 2009, warns Jonathan Galaviz, partner at Globalysis.
Time to Get Back into Techs?
It is hard to imagine demand recovering anytime soon in the tech sector, says Bhavin Shah, MD & head of global technology research at JPMorgan Securities. Shah & Marc Faber of The Gloom, Boom & Doom Report discuss their outlook for this sector.
Worst Over for Chinese Equities
The worst period for Chinese equities has passed -- investors should now start searching through the wreckage to find valuable stocks, notes Erwin Sanft, executive director & head of China & HK research at BNP Paribas.
Bullish on Gold
There is a lot of investor confidence and demand for gold, says Jonathan Barratt, managing director of Commodity Broking Services.
Fear Is the Cause of Market Whiplash
Current market activity is based on fear, Michael Yoshikami, founder, president & chief investment strategist at YCMNET Advisors, tells CNBC. Once all the bad news is really out, that's when markets will move forward, Yoshikami said.