Warren Buffett Picked as Best Assessor of Financial Markets

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Oct 30, 2009
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Warren Buffett again lost out to bridge pal and fellow Berkshire Hathaway board member Bill Gates on this year's Forbes 400 list of the richest Americans.

But Buffett is second to none in his ability to assess financial markets, according to a recent survey of investors, traders and analysts.

Bloomberg conducted the quarterly survey with a random sample of 1,452 Bloomberg subscribers over the past week and published the results on its Web site yesterday. Click here for the outcome.

About a quarter of the respondents to Bloomberg's survey picked Buffett as the best assessor of financial markets. Runners-up, in order, included Bill Gross (16 percent), George Soros (10 percent), Nouriel Roubini, Marc Faber, Ben Bernanke and Alan Greenspan (3 percent).

Bloomberg Global Poll respondents were spread across six continents. Among U.S. investors alone, Pimco's Gross rated almost as well as Buffett.

But Buffett's international reputation, which leads shareholders from all across the world to visit Omaha each year for the Berkshire Hathaway annual meeting, put the Oracle atop this list.