Thursday, February 14, 2008
Warren Buffett And The Future
Did you ever wonder why Warren Buffett was eulogized for doing things the old fashioned way; finding good quality investments and sticking to them?
He was lionized because he was a rare bird, indeed.
The 21st century and the 20th fin de siecle were the time of Creative Finance: new schemes, new scams, new dodges. Sub primes come to mind.
It has all fallen apart.
In the future, we shall pray to Saint Warren to resist temptation to run a scam-it's in our blood!-just as we shall pray to St. Leibowitz to save us from another nuclear war.
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