Sages

Why Warren Buffett Is Worried

He may have lost $25 billion during the financial meltdown, but Warren Buffett has smartly capitalized on the crisis. He poured billions into Goldman Sachs and General Electric, and greatly benefited from the public bailouts of his stock picks. But now, The New York Times reports, Buffett is worried that the stock market might have more trouble ahead. Berkshire Hathaway is buying fewer stocks, and is investing in corporate and government debt. “We are not out of problems yet,” Buffett said. “We have got to get the sputtering economy back so it is functioning as it should be.”