Friday, April 3, 2009

Warren Buffett Answers A Question About Gold.

Not everyone can translate ethical principles into action and wisdom. Those who have a highly developed entrepreneurial spirit but who do not have a connection to the philosophy of classical liberalism will follow the current even if it is leading them to a waterfall!

A risk taker may even feel confident that the boat will stay upright and the passengers safe because it always has in the past!

What if the waterfall is nothing like anything seen before? What if the boat can be anchored to the shore before its destructive plunge by attaching to something solid like gold?

Ponder this Warren Buffett!

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