From the man who both presidential candidates indicated as a plausible Secretary (...as if). Mr. Buffett makes another attempt at being the JP Morgan for this depression.

So ... I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.