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Buffet never invested through a depression. He thinks prosperity is unending and without bounds. He thinks we get a little glitch here and then off to the races again. I say the credit boom is now bust and it will not be coming back soon. I guess only one of us will end up being right but look for people to start making fun of Warren soon.
Nov 28 02:51 am
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All Comments by Did U Think The Ponzi Scheme Would Last? »Fast Money Recap - Has Buffett Lost His Touch? (11/25/08) [View article]