Warren Buffett Hasn't Lost His Touch, He's CEO of the Year!

Morningstar has an answer for anyone asking if Warren Buffett has lost his touch.

While acknowledging the choice may be a "tad controversial" right now, the investment research firm has named Warren Buffett its 2008 CEO of the Year.

Morningstar StockInvestor editor Paul Larson recounts Buffett's "perceived mistakes" of recent months, including Berkshire's big put option contracts on stocks, investments in General Electric [GE 16.11 -0.75 (-4.45%) ] and Goldman Sachs [GS 84.50 -4.21 (-4.75%) ], and Buffett's October call to buy U.S. stocks. "With the market taking a sharp turn for the worse in late October and again in November, clearly the timing was not the best on these particular bullish actions." To finish reading this article click here.

1 comment :

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