Mr Warren Buffett – known as the "Sage of Omaha" or the "Oracle of Omaha" for his ability to pick the right time to invest in situations – admitted that he has begun to use some of his $62bn fortune to invest in the shares of American companies.
"Buy America, I am!" was his bold call last week. Not as boldly arrogant as Jim Cramer, he does not attempt to call a market bottom, and freely admits that he does not know in which direction the markets are headed in the short-term. He is a humble person that states that he cannot predict these things with precision.
In 1974, during an interview in Forbes magazine, he made a very stark public prediction, calling the bottom of the bear market and the markets rallied 15% before his interview even hit the press.
Fox News all but wages war on CNBC commentator Jim Cramer in their latest ad which focuses on 
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