Oh my…oh my…
Locusts…earthquakes…tornadoes… What next? Fire and Brimstone!
There’s a plague of locusts eating crops in Australia…
Earthquakes are becoming more common…after devastating quakes hit Haiti and then Chili.
“We could definitely feel it in Buenos Aires,” said our friends. “It was very unsettling. The heavy blinds we have up outside began smacking against the house as if there were a wind storm. But there wasn’t any wind.”
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Cash on Hand…An Investors’ Best Friend
Warren Buffett’s annual letter to shareholders came out recently. This is probably one of the most anticipated shareholder letters in the financial world. Everyone wants to know what the Oracle’s take on the world is. Also, because Berkshire is so large and spread across so many sectors – it owns 80-plus businesses now – his thoughts may give some insight into how the economy is doing.
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