Buffett's New York Times Editorial.

I've been asked to Link Warren Buffett's recent New York Times editorial where he indicated he was buying US equities. Here it is.

http://www.nytimes.com/2008/10/17/opinion/17buffett.html?_r=1&scp=2&sq=warren%20buffett&st=cse&oref=slogin.

Buffett is the prototypical long term investor so short term gyrations don't seem to bother him at all. Even so I figure he's down anywhere from 7-12% from where he made most of his purchases. Like India and the recent Time Depression article, we'll come back from time to time to see how he's done. Since I don't know what he bought or when he did his buying we'll use the S&P 500 open & closing average price on 10/16/08 to see how he's done. That price is 928. We'll check back on Warren in 30 days, 3, 6 & 12 months.