Billionaire investor Warren Buffett, chairman of Berkshire Hathaway is optimistic the current market chaos will probably create buying opportunities for him and Berkshire Hathaway.
In an exclusive interview last night with CNBC’s Becky Quick, Buffett said, "You get more excited when there’s a lot going on, you can’t help it. And frankly, it will probably present more opportunity to us because when dislocations occur, things get more mispriced and that sort of thing...”
Speaking with Quick before a fundraiser he co-hosted for Democratic presidential candidate Barack Obama, Buffett continued to state, "So it can be a time of opportunity. It won’t be for sure, but generally speaking, when there’s a certain amount of chaos in certain sections, the fallout, and it’s unpredictable where the fallout will be, but the fallout sometimes offers some real opportunities.”
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