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

2 comments:

  1. 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.

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  2. True.

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

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