“It doesn’t get any clearer than this: ‘I don’t think there is a good long-term fixed income investment’. Obviously Buffett, like many others, expects interest rates to rise significantly over the long-term. This means any fixed income investment is going to get smoked, as the amount you get paid for holding them is worth less and less and as inflation erodes the value of the principal.”
http://www.businessinsider.com/warren-buffett-bearish-on-bonds-2014-5
Related posts:
New law permits cop drones to fire beanbag rounds from the sky
Twitter bot alerts for anonymous Wikipedia edits from Capitol Hill
Jeff Berwick: Bitcoin Is Equivalent to the Internet in 1993
Clinton’s Big Speech Leaves Uber and Airbnb’s Future in Limbo
On Life Remotely: An Interview with Jessica Mans
AOCS Currency Hour with guest Robert Wenzel - 2012-08.28
The new-found desire for privacy is what’s driving all of this new business activity.
Euro Minister Doesn't Rule Out Taxes on Bank Deposits Beyond Cyprus
Fort Hood shooting suspect paid $278,000 by Pentagon while in jail
Gas Lines, Gouging, and Hurricane Sandy: Keeping Prices Low Means Nobody Gets Fuel
The NSA is destroying U.S online business
International Bank Transfers: Banks’ Ugly Secret and Why Bitcoin Really Matters
Cyprus vs Bankocracy: 'Mattress better place to keep cash than banks'
Dr. Kissinger on the 'New World Order' – Editorial or Policy Statement?
After 2 Years And No Charges, Video Shows Louisiana Cop Executing Merchant