Quote of the Week
Monday, August 27, 2007
And it's only Monday! Warren Buffet (my "neighbor" growing up in Omaha) ...is armed with a cash pile approaching $50 billion...when the price is right, he told the WSJ this week: "I can spend money faster than Imelda Marcos." And as The Economist chimes in "unlike the Philippines former first lady, however, he will be looking for weather-beaten shoes in need of a shine." (as reported in the August 25th issue of The Economist on Distressed-debt Funds.)
posted by Connie
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