When Ron Paul ignores standard advice about a diversified portfolio (read: at least 95% stock/bond index funds), he's attacked. When Warren Buffet ignores the same advice, and concentrates his investments to highly-leveraged, TBTF companies...and then lobbies for every bailout under the sun...he's praised for being a genius. Double-standards
Well, Warren is paper man who dominates the paper universe.
ReplyDeleteIn the long run, Warren should have listened to his Dad, who understood real money.
Well Said Chris
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