Warren Buffett: The financial panic is over (Reuters)

NEW YORK (Reuters) - Warren Buffett, perhaps the world's most admired investor, said on Thursday the financial panic that gripped the globe last year is a thing of the past, even as the U.S.

Warren Buffett, perhaps the world's most admired investor, said Thursday the financial panic that gripped the globe last year is a thing of the past, even as the U.S. economy's struggles persist.

Medicine and value investing are at best strange bed fellows. But this Baroda-based doctor can prove you wrong.A dermatologist by profession, Dr Hitesh Patel (50) is as fluent with Peter Lynch as he is with his scalpels and forceps.He loves to be called a value investor and has a claim to this label after having managed to spot quite a few stocks at their early stages of growth.Patel claims to have generated up to 45 times return on select stocks over the past few years.

Medicine and value investing are at best strange bed fellows. But this Baroda-based doctor can prove you wrong.A dermatologist by profession, Dr Hitesh Patel (50) is as fluent with Peter Lynch as he is with his scalpels and forceps.He loves to be called a value investor and has a claim to this label after having managed to spot quite a few stocks at their early stages of growth.Patel claims to have generated up to 45 times return on select stocks over the past few years.

The Nasdaq is back at all-time highs.  After closing at 5,048 back in March 2000, the Nasdaq took more than 15 years to close above that level, closing at 5,056 on Thursday to make a new record closing high. During the day on Thursday, the S&P 500 also breached an intraday record high. 

Spencer Platt/Getty ImagesWarren Buffett began his investing career early, buying his first stock before he was a teenager. By the time he was in his 20s, he founded Buffett Associates and was on his way to becoming a billionaire.

2014 has been unnerving.