Buffett Says ‘Bet Heavily' Against Double Recession

[Iron]

Stop Coddling the Super-Rich
By WARREN E. BUFFETT

http://www.nytimes.com/2011/08/15/opini ... ef=opinion

[ciangerry]

Buffett just loves playing with the people who hang on his every word. He's got to do something for entertainment. Just like a illusionist plays the crowd, getting them to look the other way.

[Equity]

People worry too much about what could go wrong without thinking about what could go right. That was the same mistake I made when I was young, seeing the problems rather than opportunites. Opportunties and issues are created in equal proportion, never forget that.

The Internet wasn't on any analyst report I read twenty years ago, but look at the massive impact it has had on the world today. Just imagine what will come along in the next twenty years.

I still hate you because it's so hard get used to Bet Angel but you are bang on here.
In bigger picture I would say it's even very hard for human kind to screw up. Couple of million miles from here is this giant fusion reactor feeding everything around us. We just have to harvest its energy how cruel is that!
Regarding current economy when people say there is no growth coming what if there will be batteries couple of times better and cheaper than those today? That would make electric car economically viable to produce...It's just matter of time And also I think todays internet is where mobility was in Model T era.

[superfrank]

Warren Buffett invests $5bn in Bank of America
http://www.bbc.co.uk/news/business-14669071

News of the famous investor's move sent Bank of America's shares up by 25%, before moving back to 10% ahead.

I wonder if any private investigators have been paid to try to hack into the correspondence of people like Buffet? That kind of info is far more precious than finding out who Sienna Miller is sh@gging this week! Although she does have a fab body...

[Iron]

Apparently the idea came to him whilst he was having a bath!

Nice picture, btw! Not sure I see the relevance of it, but nice anyway...

Jeff

[Iron]

Bank Of America Finally Acknowledges Reality And Raises More Cash - http://finance.yahoo.com/blogs/daily-ti ... 13878.html