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Warren Buffet Buys Over $3 Billion of Exxon After Low Valuation – Wealth Talk [RADIO SHOW AUDIO]

FORTUNE Most Powerful Women Summit - Day 2
Photo by Paul Morigi/Getty Images for FORTUNE

If the DOW goes to 16,000, what should you do? Warren Buffet decided to buy $3.4B of Exxon, citing it’s low valuation! And investors are in a good mood Friday, a day after Federal Reserve chair nominee Janet Yellen told a Senate panel that she is determined to support the U.S. economic recovery, and believes the Fed’s bond-buying program still has the power to help. But with the rescheduled Congressional Circus coming, it’s not the time to let your guard down.

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