“I think there’s no question, that world wide, there is some slowing down going on. Actually, in the USA residential housing is picking up and we’ve been waiting for that for a long time. That will have a significant impact. It hasn’t gotten to a big level yet…the general economy is a little bit better in the US.”
He sees definite slowing in some of his “real-time” businesses abroad which have slowed substantially. Of course, this has also been seen across the board in multinationals and their earnings reports of late.
The more interesting comments were regarding his outlook on unleashing some of the cash hoard Berkshire has amassed. According to CNBC Buffett says prices are “difficult” right now:
“Berkshire has $40 billion in cash on hand, but prices are difficult right now, he said, and Berkshire won’t get into bidding wars.”
Pour WArren Buffet le marché semble trop cher par rapport à son indicateur fétiche LE GNP pour PNB sur capitalisations boursières.
