With asset prices falling and the markets in turmoil, there's been lots of speculation that this could very well be Warren Buffett's 'opportunity time' as the "last buyer standing."
Just last week, before hosting an Omaha fundraiser for Barack Obama, he told CNBC's Becky Quick the current market ups and downs "will probably present more opportunity to us because when dislocations occur things get more mispriced and that sort of thing." (You can see and read the entire exclusive interview in this WBW post.