Tag Archives: history
More on the Long Term View
From Warren Buffett’s editorial, “Buy American. I am.”:
Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of [...]
25 years of carefree frivolous fun
I’m with Mr Russell Davies when it comes to this global financial situation: there is a definite lack of perspective in the reporting. What does this really mean long term? How does this crisis fit in with all the crises from financial history? Until the Black Swan Guy comes out with another book, will we [...]
Life Magazine, Hell’s Angels, the girlfriends, 1965