In Warren Buffet 2011 Letter to Berkshire Hathaway Shareholders, Warren Buffet made an interesting forecast on the direction of the USA housing market.
The sage of Omaha suggested a housing recovery will likely begin within the next year, which would help the economy and several Berkshire subsidiaries, including ones that make carpets and bricks.
If Buffet is right then expect a pick up of mortgages and a rise in house prices going into 2011 & 2012.
written by Constantine Njeru
\\ tags: Amp, Berkshire Hathaway, Berkshire Hathaway Shareholders, Bricks, Carpets, Direction, Economy, House Prices, Housing Market, Mortgages, Sage Of Omaha, Subsidiaries, Us Housing Market, Warren Buffet
Another word for financial crisis is making money. Because during financial crisis clever investors roam like vultures looking for opportunity to make money.
History of Making Money In a Financial Crisis
Back in the early 1990? George Soros pounced on British financial crisis, shorting the British pound and walking away with a cool US$ 1 Billion in the process. In the late 90′s he rode the Asian crisis all the way to the bank. The then malaysian Prime Minister referred Soros as “A Criminal”
When the US housing market crashed back in 2007 many sub prime moergage borrowers were crying but one hedge fund manager was having a laugh. John Paulson a hedge fund manager in New York had bet against the sub prime market and made billions.
The two above investors made money by shorting the market. Talk to your financial advisor and see how you to can profit from fianancial crisis.
written by Constantine Njeru
\\ tags: 1 Billion, Asian Crisis, Billions, Borrowers, British Pound, Financial Advisor, Financial Crisis, George Soros, Having A Laugh, Hedge Fund Manager, Investors, Making Money, Malaysian Prime Minister, Money Back, Money History, Opportunity, Pounced, Shorting The Market, Sub Prime Market, Us Housing Market