The Question Is, Margaret, How Deep Is The Recession
A recession by any definition remains untoward struggle and pain. Ask the lower and middle classes in America
The Purpose Of Life And The Power Of Eve
What is the purpose of your life? Have you ever wondered? Have you ever attended a funeral, touched the lifeless body, listened to the eulogies, and asked yourself, “Why am I alive?” or “What am I doing with myself?” Maybe the questions arrest you when you encounter the limitless expanse of an ocean or the lumbering enormity of a mountain. Nature has that mystical power to lift our inner gaze and cause us to ask big and important questions. Just a brief walk in the woods unde…
Buffett’s Big Bet
Over the past few days, there have been several stories written about Warren Buffett’s $14 billion bet on global stock markets. I believe these stories are all in reference to this excerpt form Berkshire Hathaway’s annual report:
“Berkshire is also subject to equity price risk with respect to certain long duration equity index put contracts. Berkshire’s maximum exposure with respect to such contracts is approximately $14 billion at December 31, 2005. These contracts genera…