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The emerging CW among the TeaBaggers, Libertarians, and all that ilk is Mr. Buffet, who grew a couple of million dollar textile company into a $50 billion conglomerate, "doesn't know anything about investing."

Therefore, doesn't know anything about economics.


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Sat Aug 20th, 2011 at 02:02:58 PM EST
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Funny thing is, they're actually mostly right that Mr. Buffet does not know anything about investing. Because what he does very well is not investment but speculation.

But I suppose that distinction would sail way over their heads.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Aug 25th, 2011 at 08:59:49 PM EST
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