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Nature Rules Even The Economy

Friday, February 27th, 2009

The Storm Is Back You may have noticed that we are out of the eye of the storm. As I mentioned in my last post on the economy (Rules of Nature), the current process of economic unwinding is going to be long and painful, and we are still in the early stages of the process. [...]

Warren Buffett On The Crisis By Charlie Rose (video)

Sunday, October 5th, 2008

A long, but worthwhile explanation on where we are…and why the bailout was necessary. Thx to ADK. Some highlight Buffett-isms from the video: I would rather be approximately right than precisely wrong This is truly an economic Pearl Harbor. The patient on the floor in cardiac arrest is not Wall Street, it is the American [...]

Observations on the markets and the world with realistic optimism