Buffett bullish on mattresses.

[Anonymous]

This made me laugh out loud! Sign of the times I guess - people are willing to accept no return just to keep their capital.

Power Point: Buffett bets on mattresses

“This should be bullish for Berkshire. With great foresight, I long ago entered the mattress business in a big way through our furniture operation. Now mattresses have become fully competitive as a place to put your money, and sales will soon take off.”

- Warren Buffett emailed this note to the directors of his company, Berkshire Hathaway (BRK.B), Tuesday after he heard that the U.S. Treasury sold $32 billion in 4-week bills at a yield of 0%.