No Bonds For Warren Buffett

By May 4, 2014, 10:38 AM Author's Blog  

Well, bonds may be the safest form of investment for your hard-earned money but not for Warren Buffett.

The Oracle of Omaha told @ReutersInsider [via BI] late Saturday: “I don’t think there is a good long-term fixed income investment”

Obviously, with interest rates expected to rise, Buffett, like many other investors, is not entirely convinced on the viability of these safe heavens – in terms of them holding up long-term against an all-out rising interest rate assault.

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