Buffett Investments

February 27, 2012 - 1:05 PM
FILE - In this Nov. 21, 2011 file photo, U.S. billionaire investor Warren Buffett, chairman and CEO of Berkshire Hathaway speaks during a news conference at the headquarters of cemented carbide tool supplier Tungaloy Corporation in Iwaki city, Fukushima prefecture, northern Japan. Buffett said Monday, Feb. 27, 2012, that stocks remain relatively cheap compared to other investments as the economy continues to improve, and his company is prepared to replace him whenever the need arises. (AP Photo/Shuji Kajiyama, File)