His comments came as both the FTSE 100 Index and the Dow Jones Industrial Average rallied for the third day in a row. This was despite a speech by Dr Greenspan in which he disappointed investors by failing to mention either the state of the US economy or his interest-rate policy. Like Dr Greenspan, Mr Buffett would not be drawn on whether there would be a global recession. Berkshire Hathaway in a year's time. He admitted that several of Berkshire's subsidiaries were experiencing a sales slowdown.
Companies are all different.
They are like children - none are the same, apart from twins. Mr Buffett is as famous for his homespun investment tips as for having shunned the dot-com boom in favor of more traditional stocks. Mr Buffett was in London to promote his company Executive Jet, which offers clients fractional ownership of corporate jets. The Age Company Ltd 2001.