Just like Hillary....NOT
"It seems that there alot of baby boomers who act that way."?
Actually, Billons In Debt(to his unrequited heirs)Buffett is not at all like Hillary. She is so like her parents, religiously, it is actually scary. See Gary North on this topic. Buffey is more like the evil child who bit his fathers's hand. What a tortured child. Sick pup.
In "The Demographics of Saving and Growth" today, on Mises.org
"...Sumner also used the example of a snowball, to illustrate how the advantages of capital accumulate over time. "Its first accumulation is slow" he wrote, "but as it proceeds the accumulation becomes rapid…and the element of self-denial declines." Sumner thought this was incontrovertibly true, because if it were not, there would rapidly come a point at which further self-denial, or saving, would not pay.
Discoveries and improvements require less additional capital when you have more to work with. It is easier to get computer technology to a certain level today than it would be to achieve that same level when computers were still in their infancy and the computing power of today's common desktop filled a whole room. That it takes fewer resources is intuitively obvious, and that is Sumner's point..."
So Buffett is a flake. A nare do well of his fathers capital both intellectually and physically. The staggering good this man could have done with his fortune is prostrate in front of what he has done. What a coward he is. An evil force in the universe.
The Oracle of Omaha? Ha
What a fake. Have a cola, steak, and a dairy-queen. Consume on behalf of Warren.
All errors, mis-quotes, and typos are mine alone.