Warren BuffetWhen the Fortune comes out with their richest persons list... and one realizes that the number one person on the list, Warren Buffet, amassed his fortunes by "investing" ... it's probably a good idea to take a look at his advice. 

It's also wise to go back a few years and see if he made any predictions- any that might apply to our current market.

Well- that's what the smart people at TradeReform did.

They looked back on a Fortune article called, "Squanderville versus Thriftville".

Among other things he:

  • "Called wolf" on banking.
  • Felt the dollar would slip against other currencies.
  • Claimed our country's "net worth," was being "transferred abroad at an alarming rate."

I'll let you read the rest- I think it's worth capturing the flavor of the words.

Read it and let me know what you think. 

---

Chuck Willman is the founder of USAVest... a nationwide network of investment minded individuals.

Visit: www.USAVest.com 

 
Post is included in group: Investment Intelligence

3 Comments on Revisiting Warren Buffet- Squanderville versus Thriftville

MAR
30
2008
143,183 Points

Hi Chuck,  Great article!  Warren is like a little wise man that lives in a mysterious place high up ion the mountain where people come from miles (thousands) around to hear him talk :-).

 

It’s a shame more people aren’t writing comments on your posts, they’re VERY informative.  Check this out… I came across a site called BlogRush (click on the name to the link) or click here to go there directly and view a short little video that’ll show you how you can use this little widget to virally attract more people to your blog almost instantly.  It’s free and  only takes about 5 minutes to install.  I have it on my blog as well click here to go and see for yourself what it looks like on my site after you watch the video. You can also go to BlogRush to watch the video by going to my blog page  and clicking on the BlogRush button right under the widget Good Luck with it!  Best, -Sash


 

5:24am • #1
240,151 Points 21 Featured Posts Outside Blog
Sasha- I'll check out blogrush... I've seen it referenced but haven't yet delved into it.
8:05pm • #2
MAR
31
2008
Yip...we should listen to those who know how to make adn manage money...not politicians
7:03am • #3

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Chuck Willman, Arizona Realtor® 480.292.0600

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