Warren Buffett
Latest Posts
On market sentiment and the subprime debacle
May 05, 2008Last Friday, the video that kicked off Warren Buffett’s annual meeting began making the rounds, starring two British comedians and a pretty hilarious overview of the subprime mess and ensuing credit meltdown. See how how “dodgy debt” transforms into an “investment vehicle.” And the discussion of “enhanced leverage” is not to be missed.
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Toxic Kool-Aid and the Amazing Oracle of Omaha
Feb 08, 2008