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Buffett Shifts Bets From Stocks to Bonds

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"[N]ow, only a year after the crisis struck, [Buffett] seems to be worrying that the broader stock market might falter again," the New York Times repors. "After boldly buying when so many were selling assets, his conglomerate, Berkshire Hathaway, is pulling back, buying fewer stocks while investing in corporate and government debt."

Boldly buying? We don't exactly remember it that way. "Buffett to Invest $5 Billion in Goldman", WSJ, Sep. 24, 2008: "The deal is structured in two parts, giving Berkshire a stream of cash and potential ownership of roughly 10% of Goldman. Berkshire will spend $5 billion on "perpetual" preferred shares of Goldman. These are not convertible into equity but pay a fat 10% dividend."
SOURCE:   New York Times