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Cramer Who? Strategist Tells Why He's Sticking w/ Buffett

Wednesday, 18 Feb 2009 | 11:48 AM ET

Warren Buffett has some detractors these days, even some highly-regarded detractors. Mike Holland is not among them. The chairman of Holland & Co. thinks the Oracle of Omaha has been trading very shrewdly recently.

"Buffett is getting some incredible values just in fixed income," he told CNBC. "There are a lot of values down there that are going to make a lot of money in this violent market."

Recommendation:

That's why he likes (drumroll, please) Berkshire Hathaway.

"The guy (Buffett) is getting 10 percent cash returns, which, I think, most equity investors today would say, 'Not bad,'" he said. "He's building up that storehouse of value within Berkshire; you can't ignore what he's been doing recently."

Disclosures:

Disclosure information for Mike Holland was not immediately available.

___________________________
Rivals in Berkshire's Sectors:

Insurance:

AIG

The Hartford

Investment Conglomerates:

Blackstone Group

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Disclaimer

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