81 year old billionaire Warren Buffett said that he is not going to buy shares in Facebook but also mentioned that he doesn’t consider Facebook as a second dotcom bubble. “People get excited about companies that have done that well.”
The Daily Telegraph reported Mr Buffett saying: “It is not a bubble… this is not what we were seeing in late 1999 all the way into 2001. We aren’t in any bubble phase of anything.”
