I see from Graham Bowley's article on Warren Buffet in today's New York
Times that the latter has partially recovered from some of his whoopsies
during the credit crunch and now regards today as the "ideal period" to
pick up lots of lovely business.
Despite more than 40 years of almost untramelled success, I can't help
feeling that he'll lose his magic touch before too long. The present stock
market is only being held up by Panglossian hopes by the Fed, investment
banks and pension funds alike, not to mention copious draughts of hot air
from financial journalists who badly need something to continue writing about.
Keith.
Keith Hudson, Saltford, England
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