Seeking Alpha

"Interest rates are to asset prices sort of like gravity to the apple," said Warren Buffett at...

"Interest rates are to asset prices sort of like gravity to the apple," said Warren Buffett at the Berkshire (BRK.A) annual meeting last week. "When interest rates are low there is little gravitational pull on asset prices ... To buy $85B/month (is) easy. Don't know what would happen if they tried to sell $85B/month." Peter Boodell's comprehensive notes from the Buffett and Munger Q&A.
Comments (3)
  • Joe2922
    , contributor
    Comments (404) | Send Message
     
    Just Party like it's 1999! Going parabolic now:
    http://bit.ly/WpVqYk
    14 May 2013, 04:18 PM Reply Like
  • Jolly_Rancher
    , contributor
    Comments (545) | Send Message
     
    If they tried to sell 85 billion per month, wouldn't that mean someone would be buying 85 billion per month and it would be easy?
    14 May 2013, 07:15 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (7803) | Send Message
     
    I know what would happen...

     

    BUY GOLD!!

     

    ...that's what would happen.
    14 May 2013, 11:37 PM Reply Like
DJIA (DIA) S&P 500 (SPY)