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Warren Buffet endorses Barack Obama

Monday, May 19, 2008

Warern Buffett recently announced his support for Barack Obama. He then had this to say about the current US economic situation.

After voicing support for Obama, Buffett nonetheless noted the US economy had managed to do "awfully well" despite a depression, two world wars and many financial crises.

"They say in the stock market ... buy stock in a business that's so good that an idiot can run it because sooner or later one will," he added.

Well said Mr. Buffett well said.

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