Believing that fundamental conditions of the country are sound and there is nothing in the business situation to warrant the destruction of values that has taken place on the exchanges year to date, I have been purchasing sound common stocks. I am continuing and will continue purchases in substantial amounts at levels which I believe represent sound investment values. In regards to Goldman Sachs, Goldman Sachs is an exceptional institution. It has an unrivaled global franchise, a proven and deep management team and the intellectual and financial capital to continue its track record of outperformance.
There is no cause to worry. The high tide of prosperity will continue. The Government's business is in sound condition. I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover. The worst is over without a doubt.
you know if housing prices don't bottom out your position holding will spring a leak nothing will help, not even warren. I too am holding some stocks but thinking about selling them if when we have a bounce or if the dow goes below 10,500 good luck
If you're going to be the new "stock_trad3r", then can you please post a level of the S+P when you promise to go away as well?