CONGRADS Mr. Buffett!!!

Forbes' 22nd annual ranking of the World's Billionaires revealed that Billionaire investor Warren Buffett is now the richest person in the world. He has a Net Worth of $62.0 billion. He was helped by the outstnading performance of Berkshire Hathaway shares which have risen 25% since the middle of last July. Bill Gates moved down to 3rd with a net worth of $58 billion dollars. Please view the article below to understand Buffet's strategy of investing and to view his stock picks!

What Buffett says to invest in during a reccession

Wall Street is very nervous that our economy is pulling in to a recession. Mr. Buffett has basic rules as to what to put your money in during a recession.
Stocks that people will always buy the products of are his favorites. These include gambling stocks, beer and alcoholic beverages stocks, home care stocks, and basic food stocks.
A very intriguing gaming stock is GCA. Beer stock is BUD, food products stock is KFT, and Home care stock is JNJ.
Over the recession in the early 00's the general market was down over 60% when the gaming and beer industries more then doubled!
Invest in stocks that people will always buy products of at the same type of rate. No matter if there is a recession or if there is no recession.

Will Buffett Invest in the US this Year?

Warren Buffett announced recently that he still plans to mainly invest in United States Investments. He says that even though the United States economy "many imperfections and unrelenting problems" he will keep investing in our market.
This says something about the confidence that Buffett has in the US economy and the current Fed.
If Warren is confident no reason I should move my money elsewhere either. There are even stocks that will continue great growth in a lousy market. This is discussed above in the article relating to What to invest in during a recession.