This guy is going to be rich one way or another, right? So how valuable is his opinion? Seems kind of stupid to me. And why should he care if I'm optimistic or not? He's winning if I'm optimistic or if I'm throwing up. It doesn't matter. It's not enough that he has every dime, he has to come on like he's fucking Confucius. Why can't Warren Buffett keep his mouth shut and leave me alone? He has all the money he has to go on and on about it. "I'm rich and blah, blah, blah, you would be rich too but blah, blah, blah. Don't borrow money. We'll all be rich someday." A regular Vince Lombardi. How am I going to live without borrowing money? Come on.
"Don't let reality spook you." Tell it to the family that just got thrown out of their house. What a jerk. Billions of dollars. He has his optimism but he's holding on to his real cash. Brave man.
Billionaire Warren Buffett wants Americans to be optimistic about the country's future but wary about borrowing money and the games public companies play with profit numbers they report.
Buffett said in his annual letter to Berkshire Hathaway shareholders Saturday that he still believes America's best days are ahead.
"Commentators today often talk of 'great uncertainty.' But think back, for example, to December 6, 1941, October 18, 1987 and September 10, 2001," Buffett wrote, referring to the days before the Pearl Harbor attack, a stock market crash and terrorist attacks in the U.S. "No matter how serene today may be, tomorrow is always uncertain. Don't let that reality spook you."
He said a housing recovery will likely begin within the next year, which would help the economy and several Berkshire subsidiaries, including ones that make carpets and bricks.
[Associated Press]
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