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The Wall Street Journal began its 9 July 2012 article "Libor and the Destruction of Trust" with these discouraging words: “That investors shouldn’t trust the capital markets to safeguard their investments has been made painfully and abundantly clear the past decade.That investors have little choice but to put their ...
In a recent article in Fortune, Warren Buffett reiterated his well-known view on money. Far less celebrated, however, is the discerning view of his father, Howard Buffett, expounded in a brilliant speech in 1948 while serving as a 4-term congressman from Omaha. In contrast to his son WB, HB insightfully considers the importance of money ...
Sons often rebel against their fathers, but what accounts for the difference between Howard Buffett’s view of gold, and that of his son – the famed investor Warren Buffett? While the latter is famous for his disparaging remarks about gold, his father Howard – who represented the Omaha district of Nebraska for four terms ...
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