Wednesday, July 09, 2008

THE MAD HOUSE OF CAPITALISM

He is reputed to be the richest man in the world so the recent down turn on the world's stock exchanges has led to speculation that Warren Buffett may be ready to plunge into an increasingly bearish market. "During the great bear market of 1974, Warren Buffett was asked by a rather staid fellow how he felt. "Like an over-sexed guy in a whorehouse", he replied. "Now is the time to invest and get rich." (Observer, 6 July) Whether he in fact invests or not the richest man in the world, said to be worth $35 billion, certainly has a rich use of the vernacular. As Bob Dylan once sang "Money doesn't talk - It swears!" RD

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