“Warren Buffett once wrote that value investing is like an inoculation--it either takes or it doesn’t--and when you explain to somebody what it is and how it works and why it works and show them the returns, either they get it or they don’t.”
-Seth Klarman of the Baupost Group
Sunday, May 31, 2009
The Absolute Worst Way to Solve the Economic Crisis
This video is hilarious. While their plan might stimulate consumer spending I worry that it would lead to more vacant apartments around the country. Enjoy! (H/T to Zero Hedge)