Buffett might be thinking what good is it having $5b in the bank when hyperinflation might kick in? In a couple of years that $5b might only buy a few loaves of bread.

Fred, Moray, Scotland

Buffett is a genius. The last man in, and he has bought the best asset for the cheapest price.

LG, London, UK

I think goverments and Wall Street Financial Houses should learn a lesson from Warren Buffett's judgement & advice.Financial Institutes are making ill judgement in investing other peoples money.They walk away with big bonuses while ordinary people suffer.

Jitendra Pattni, Atlanta, USA

Warren Buffet is following what he preaches, buy low sell high ... can US govt take a clue from this guy ??


http://vikramsjourney.blogspot.com/

Vikram, Mumbai, India

Don't catch a falling knife as a friend once told me..... I got burned at the .Com busted flush... No truer words spoken. However if Buffett is investing then I would say that he knows something we don't. Nothing dodgy just his sense of what's happening around him in the markets.

Mike, MK,

Buffett has been wating for the bottom to be reached and I take confidence from his investment. He wouldhave let the Japanese etc invest if he thought the bottom had not been reached.

David, London,

This deal indicates how serious the financial crisis is and how worried Buffert is about its impact on the wider economy. With many of his major businesses still heavily exposed to the US economy, he is hoping that by throwing $10b into GS he can calm people's nerves. No. It just instils more fears.

Glen, HK,

He gets a great deal, cheaper because of the crash, cheaper still because of what he's giving Goldman's - a lifeline and a precious outward signal of confidence. Goldman's was on the verge of collapse last week, Buffett had them where he wanted them.

Laura Roberts, London, UK

There is an ancient saying: You cannot teach an old dog new tricks so I for one will watch this deal with great interest. IMHO Buffet will get his money back as per the deal sooner than expected so that the old dog can go back to its old ways by biting the hand that feeds it.

Chris Coles, Medstead, Alton, United Kingdom

Could this mean we are near the bottom?

Jeremy Hall, hassocks, england

Warren Buffett knows a deal when he sees one believe me. If I had the cash I would be following his lead!

Graham, UAE,