21 Eylül 2012 Cuma

Oh, Warren Buffett

Finally finished the hefty 710-pages biography of Warren Buffett. Didn't quite like him at first but I thought it would be good to read up about him. A great personality with great passion, drive and focus. One can only dream to be 10% as hard-working as he is. I gained more respect for him as a person after reading the book. However, it's unfortunate that his calls for the 2008 $700 billion bailout of failed financial firms and his distaste towards gold will be his biggest mistakes in the later part of his life. The worst thing is that many people who look up to him will be affected following these 2 advices. I've seen videos of congressmen quoting him so that they can push their bailout and spending agendas. It's not easy to have such great power I guess.

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