1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Buffett Maintains Bearish Long-Term View of Dollar

June 20, 2005

Berkshire Hathaway Inc. Chairman Warren Buffett said the dollar's rally this year against major currencies hasn't changed his view that the growing U.S. trade deficit will cause the currency to decline over time.

``There's no change in the underlying factors affecting currencies, in my view,'' Buffett said today at press conference in Boise, Idaho, while attending a meeting of state utility commissioners. ``The policies that we're following are likely to lead to a weaker dollar over a long period of years. It's not a forecast for next week, or next month or even next year.''


Rating: 2.0/5 (1 vote)


Gurufocus premium member - 12 years ago
Thank you for the insight!

Please leave your comment:

More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by

User Generated Screeners

patelmhwalter schloss balance sheet b
valueppAsset Management Company
cspunarSG -2
cspunarSG -1
jtepper2High GROC Selloff
cpetrouBuyback Yield
canidNicks screen
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat