Warren Buffett is ruling out the chances of a double dip recession. He says the chances of a double dip are 1 in 3. Read the article below.
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I don't think the economy will double dip, either, it's impossible...because we never got out of the first recession! HAHA.
Although Buffett is the world's greatest investor, and I have much respect for him, he isn't the greatest market timer. Truth is, I think ANYONE can make money in stocks once prices become extremely depressed. Imagine buying McDonald's for $5/share. STEAL!
Anyway, below is an article posted on March 2, 2009...4 days before the actual bottom. Read it and tell me what you think.
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