Warren Buffet Have a Great Interest to Facebook and Twitter

Warren Buffet, yeah this is "the man who sold the world"... such a great man, as reported from cnet, Buffett, the chief executive of the Berkshire Hathaway investment empire, warned investors Friday at a conference in New Delhi to be wary of social networks such as Facebook and Twitter--a sector that has recently generated great interest and anticipation on Wall Street. I think his statement is can make some great movement and great appreciate to Nasdaq overview.

"Most of them will be overpriced," Buffett said, according to a Bloomberg report. "It's extremely difficult to value social-networking-site companies." "Some will be huge winners, which will make up for the rest," he said, without specifying which companies he expects to be winners and which will be losers.

News from Silicon Valley, Investor buzz for hot Silicon Valley companies that aren't yet publicly traded--like Facebook, Twitter, and Zynga--has hit a fever pitch and reportedly captured the attention of the U.S. Securities and Exchange Commission.