As the financial crisis continues to spin, the unthinkable may happen. Goldman Sachs, the proudest of the investment banks, may be forced to sell. As this post on the Freakonomics blog notes, this isn’t because Goldman is poorly run, or is a bad business. It’s simply that it’s nearly impossible for anyone to obtain short … Continue reading BRK + GS?
“We’ve had a number of recessions in this country; in fact, we had a Great Depression, we had world wars. And throughout, the genius of the American economy, our emphasis on a meritocracy and a market system and a rule of law has enabled generation after generation to live better than their parents did. And, … Continue reading Quote of the Day: Warren Buffett on American and Unleasing Human Potential