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Buffett: What Will Happen When Fed Reverses Course

Monday, 4 Mar 2013 | 6:33 AM ET

"Everybody that manages money is waiting to catch the signal that the Fed will reverse course," said Warren Buffett, Berkshire Hathaway chairman & CEO discussing why he believes it will be "interesting" when the Fed starts to unwind its buying policy, and begins selling. Also, Buffett explains why macroeconomics doesn't play into Berkshire's buying decisions.