Billionaire Buffett tells investors to not lose their heads when everyone’s excited
http://www.thestandard.com.hk/breaking_news_detail.asp?id=35717&icid=1&d_str=20130506

FED FORTUNES

The Federal Reserve's aggressive bond-buying program has helped stimulate the economy, but Buffett said it may be hard for the Fed to safely unload its US$3.4 trillion investment portfolio.
“It's a lot easier to buy things than it is to sell them,'' Buffett said.
The Fed has been buying US$85 billion a month in Treasurys and mortgage bonds to try to keep long-term borrowing rates down and get the economy moving.
Buffett said it's hard to predict what will happen when the Fed starts unloading bonds, but it's likely to be “very inflationary.''
“We really are in uncharted territory,'' Buffett said.
--AP