Billionaire investor Warren Buffett said Saturday that he was "dead wrong" with a prediction that the U.S. housing market would begin to recover by now, but he remains optimistic about the nation's economy."Optimistic" about the economy ?
In his annual letter to Berkshire Hathaway shareholders, Buffett said he is sure housing will recover eventually and help bring down the nation's unemployment rate. But he did not predict when that will happen.
Monday, June 04, 2012
Warren Buffett Wrong on Housing Market and Economic Recovery? Admits 'Dead Wrong' on Housing Market
Flashback to the The AP in February of this year:
