Myth Busting Those Pesky Recession Fears in Four Simple Charts

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  1. Smack MacDougal says:

    The biggest myth that needs to be busted is the Myth of Warren Buffett.

    Buffett pooled other people’s money into a partnership and with the partnership bought an entire failing firm, Berkshire Hathaway out of anger and then used it as leverage to buy an insurance firm.

    It is from the insurance firm that Buffett began buying WHOLE firms.

    Buffett doesn’t speculate in stocks. To quote Buffett as a rod to teach others about stocks, an often parroted act by thousands, reveals those parroting to be quite stupid.


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