Filed under: Earnings/Financials
World's Richest Man invests in RVs

Everyone's broke. Gas prices keep rising and falling. America's three largest manufacturers of recreational vehicles are losing money like their pockets are full of holes. Perfect time to invest.
Well, it is if you're Warren Buffett, the richest man in the world, who has made an art out of "buy low, sell high." Through his holding company Berkshire Hathaway, the
[Source: Edmunds Auto Observer | Image: Alex Wong/Getty]
Reader Comments (Page 1 of 2)
Justin 8:58AM (1/06/2009)
Warren Buffett is from Omaha Nebraska, not Texas as the article mentions. He is commonly referred to as the "Oracle of Omaha."
Reply
Adam 8:58AM (1/06/2009)
Buffett is from Omaha, Nebraska...not Texas.
Reply
Chris 9:02AM (1/06/2009)
Texas based investor? I guess they just call Buffet the Oracle of Omaha because it rhymes?
Reply
Torqued 9:45AM (1/06/2009)
"Oracle of Omaha" doesn't rhyme.
rsfourever 9:48AM (1/06/2009)
consonance
fzx 10:11AM (1/06/2009)
It's Assonance.
tenfifteen 11:10AM (1/06/2009)
It's alliteration.
Quan 12:09PM (1/06/2009)
hahaha This string of replies made me laugh.
MajorGeek 9:03AM (1/06/2009)
Should I say hes from Omaha... oh wait.
P.S No one cares where hes from.
Reply
216 9:05AM (1/06/2009)
exactly
Epyx 9:09AM (1/06/2009)
Investors with A and B shares do. The annual meeting is actually very entertaining and it is held in Omaha every year. Also, I beleive the resedents of Omaha do not like to be ommited. Furthermore, just for the sake of journalistic integrity, it is good to get the facts correct.
MajorGeek 9:15AM (1/06/2009)
It was a joke, meant to be light hearted. For more, please reference:
http://dictionary.reference.com/browse/joke
Mr. Luke 1:32PM (1/06/2009)
He;s a vulture!
FThorn 9:09AM (1/06/2009)
Go AMISH (and Menonites) !!!
Reply
Polly Prissy Pants 9:10AM (1/06/2009)
Maybe he's figuring the economy will get so bad that people will have to buy and live in RVs once they lose their homes?
Reply
Rob 9:54AM (1/06/2009)
I was kinda thinking the same thing. Real estate is expensive... so maybe in a poor economy, more people will move into glorified trailer parks.
Epyx 9:53AM (1/06/2009)
Well played.
Chris 9:23AM (1/06/2009)
This isn't news? He's at the age where one is bound to buy a RV.
Reply
jamie 11:44AM (1/06/2009)
Buffett: "I liked the motorhome so much, I bought the company!"
Jim R 9:41AM (1/06/2009)
Buffett is an extremely shrewd investor. If I had money, I would do exactly as he does...albeit on a much smaller scale. Unlike short-term, knee-jerk thinkers like Kerkorian, Buffett knows the economy won't stay down forever and is in this for the long haul.
Reply