Tuesday, March 10, 2009

"Beware of Geeks Bearing Formulas"

Last fall on Charlie Rose, Warren Buffett said, "All I can say is, beware of geeks bearing formulas."

He truly is the Oracle of Omaha: Nearly Half of World Wealth Gone


Anaconda said...

Of course, Buffet told the folks to buy stocks last Fall...

Even an "oracle" can end up giving a bum steer.

A lesson all of us need to remember.

OilIsMastery said...


His portfolio is below cost basis but that doesn't mean he's a bad investor.