Warren Buffett is fearful. Are you?

Warren Buffett often says, "Be fearful when others are greedy and greedy when others are fearful". He has lived this statement several times during his career. The latest instance being the recent credit crisis. At the height of the meltdown, Warren Buffett advised investors to buy and he certainly bought himself. Now that there is a chorus from several quarters that we are out of the woods, he is realigning his bets. As per the New York Times, Berkshire Hathaway (Buffett's company) is now selling more stocks than it is buying, and is in fact buying corporate and government debt.

It may be noted that Buffett has become far more vocal with his investment advice than he has ever been. Observers believe it is because he wants the twilight of his career to be as spectacular as the rest of it has been. Reaching a wider audience helps his legacy. Whatever be the reason, we are not complaining.