NEW YORK: Warren Buffett has been buying amid this week’s sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.
In an interview published on Thursday, Buffett also told the magazine he understood why Standard & Poor’s lowered its outlook on the credit rating of his conglomerate Berkshire Hathaway but said he disagreed with the underlying premise the downgrade of the United States’ credit rating.
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