... to make money. Sure, he did research before he buy the premium company at discount. I trust Buffett more than any politician.
Can Buffett Rescue the Market?
Maybe. By buying these good company, he actual reinforce the market confident.
Warren Buffett to invest in GE
Buffett Deal at Goldman Seen as a Sign of Confidence
The Snowball: Warren Buffett and the Business of Life [ROUGHCUT] (Hardcover)
by Alice Schroeder (Author)