In an earlier interview with CNBC, Warren Buffett mentioned that the current crisis offers fine buying opportunities. Rumours have been flying that Warren Buffett is currently buying shares in distressed mortgage lenders, one of them Countrywide.
CNBC tried to catch Warren Buffett again but couldn’t get anything much out of the sage of Omaha. Warren Buffett followers will know that it is not his usual practice to confirm or refute rumours. If he does so, any non-refutation can be taken as a positive sign. Thus, a no comments policy is adopted.