Back in March '08, Warren Buffet told investors in his annual letter to BH shareholders:
"THE PARTY IS OVER"
In context, he was referring to the profits of insurance companys
which typically account for about half of Bershire's bottom line.
However, it may be the case that Uncle Warren was eluding to the bigger picture.
The party has turned down right ugly and the Forex markets are reflecting the massive
change in the overall worldwide perception of markets around the globe.
Mind you, the fundamentals have not changed. They've been crappy for a couple years now.
It's that the reality has now begun to settle in and whatever ppl thought was true,
or thought they "knew" was true, is now in question.
My advice, Trust no one. Count your change at the register. Follow your wife
when she says she's going to the store. Are you sure you weren't adopted ?
Double check Mom and Dad's story too. If you walk around and mumble to yourself, start taking notes.
Even you may not be telling yourself the real story about how bad it is. Check it out.
Oh yea, Sell stocks. Crash of 2009. Look out below.
"THE PARTY IS OVER"
In context, he was referring to the profits of insurance companys
which typically account for about half of Bershire's bottom line.
However, it may be the case that Uncle Warren was eluding to the bigger picture.
The party has turned down right ugly and the Forex markets are reflecting the massive
change in the overall worldwide perception of markets around the globe.
Mind you, the fundamentals have not changed. They've been crappy for a couple years now.
It's that the reality has now begun to settle in and whatever ppl thought was true,
or thought they "knew" was true, is now in question.
My advice, Trust no one. Count your change at the register. Follow your wife
when she says she's going to the store. Are you sure you weren't adopted ?
Double check Mom and Dad's story too. If you walk around and mumble to yourself, start taking notes.
Even you may not be telling yourself the real story about how bad it is. Check it out.
Oh yea, Sell stocks. Crash of 2009. Look out below.
