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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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