atlasapple

Should Wall Street Have Saved Itself?

RE: vboring

I remember Buffet and BKR looked at with disdain during the height of the internet bubble. They were as being behind the curve. Those who dissed BRK were wrong of course but they are still getting a billion dollar bailout after booking billions in profit from 2003 - 2006.

The lesson is simple, make money steady and slowly like BRK or be reckless enough to ensnare the sheeple and get out when the s&#t hits the fan.

TBTF is the new version of a early 1900's trusts; inevitable without regulation and destructive to capitalism in the end.