Monday, February 28, 2011
The Bull
My Monday morning pick-me-up was that Warren Buffet is very bullish on the U.S. economy, which is excellent news to investors. He repeatedly refers to the strength of the American people in his annual letter, which was released over the weekend. The letter says he is going long on the U.S. "Money will always flow toward opportunity, and there is an abundance of that in America," Buffett wrote. "The prophets of doom have overlooked the all-important factor that is certain: Human potential is far from exhausted, and the American system for unleashing that potential ... remains alive and effective." I love it – thank you Mr. Buffett! The best is yet to come!
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