Thursday, March 12, 2009

apple(b)logue: Warren Buffett and the Fruit of the Loom Guys

Choice quote from 2006:
"The US, it should be emphasised, is extraordinarily rich and will get richer," Buffett says. "As a result, the huge imbalances in its current account may continue for a long time without their having noticeable deleterious effects on the US economy or on markets. I doubt, however, that the situation will forever remain benign.

To which I say, "AAAAAAAAAAAAAAAAAAAGH!" If only I could have foreseen the future. And I didn't even riff on the ukulele.

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