Search+Intelligent InvestingSynopsisEverybody had run to cash and government bonds, and everybody agreed it was the sensible thing to do. Warren Buffett called it the third bubble of the decade. His reasoning starts somewhere unexpected.The year was 2008. While everybody else was running for safety, Warren Buffett looked at the thing they were running towards and called it a bubble. Not property, not shares – but government bonds. The one asset that every frightened investor on earth had agreed was the sensible place to be.Buffett was not being contrarian for the sake of it. He got there by a route nobody expects, and it starts with a loan book full of people no bank would ETMarkets.com 30 mins readAug 20, 2026, 06:04:00 PM ISTGift this Story to your friendsFONT SIZEAbcSmallAbcMediumAbcLargeSAVEPRINTCOMMENTContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories & personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions & in-depth stock reportsSubscribe NowETUh-oh! This is an exclusive story available for selected readers only.Worry not. You’re just a step away.What’s Included withETPrime Membership
Warren Buffett: If past data told you the future, the Forbes 400 would comprise librarians; beware of geeks bearing formulas
Everybody had run to cash and government bonds, and everybody agreed it was the sensible thing to do. Warren Buffett called it the third bubble of the decade. His reasoning starts somewhere unexpected.
531 words~2 min read
