Autor:    03/07/2022  Asunto:     En respuesta a:  Mensaje 309 (escrito por "aabbgg1234" ) "aabbgg1234" <aabbgg1234@ono.com> dijo: > > para los que no quieran leerse el artículo entero de fortune, esto es = > un resumen que ha difundido Bloomberg: > > > > Buffett shuns stocks, invests in junk bonds > > By Bloomberg News > > > E-mail this article > > Print this article > > Search web archive > > > > > NEW YORK - Billionaire investor Warren Buffett said he's shunning stocks = > because they are too expensive and he has turned to buying junk bonds. > > "Despite three years of falling prices, which have significantly = > improved the attractiveness of common stocks, we still find very few = > that even mildly interest us," Buffett said in excerpts of his annual = > letter to shareholders published on Fortune.com. "We continue to do very = > little in equities." > > Buffett, who has become the world's second-richest man buying stakes in = > companies such as Coca-Cola on the cheap, is standing firm on his view = > that stocks are overvalued, even after three years of declines. That's = > spurred him to boost his junk-bond and loan investments sixfold to $8.3 = > billion in 2002. > > "He continues to thrive as a buyer of distressed assets," said James = > Armstrong, president of Henry H. Armstrong Associates, which owns about = > $36 million in shares of Buffett's investment company, Berkshire = > Hathaway. > > Buffett said he is buying junk bonds now because he can find "sensible = > prices." The investments involve greater risks than stocks because they = > often involve companies overloaded with debt, he said. > > Buffett was far more negative on stocks, saying that "the insanity of = > valuations reaching during The Great Bubble" has yet to end and has kept = > him and Berkshire Vice Chairman Charles Munger on the sidelines. = > "Occasionally, successful investing requires inactivity," he said. > > Some investors said Buffett is wrong about the stock market. > > "I would respectfully disagree with Mr. Buffett," said Robert Morris, = > chief of equity investment at Lord Abbett, which manages $48 billion in = > Jersey City, N.J. "The approximately 45 percent decline from the peak of = > the bubble pretty much erases it for us." > > With inflation as low as it is, returns for stocks look attractive, = > Morris said. > > Buffett lashed out against derivatives in the letter, calling them "time = > bombs, both for the parties that deal with them and the economic = > system." Derivatives are contracts whose value is tied to the value of = > another asset or an index. > > Buffett's full letter is to be published Saturday along with financial = > results of Berkshire. Buffett's assistant confirmed the excerpts. > > Berkshire Hathaway shares added $1,700 to $63,400 yesterday. They have = > declined 13 percent in the past year > > > > > > _______________________________________________________________________ > Visita nuestro patrocinador: > ~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~ > ¿TU VELOCIDAD DE CONEXION ES DEMASIADO LENTA? > > ¡Incrementa La Velocidad de Internet en un 75%! > ¡Acelerador de alta velocidad para Internet GRATIS! > Haz clic aquí -> http://elistas.net/ml/88/ > ~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~^~ > >