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Warren Buffett

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calculatedriskblog.com - 5/4/2009

Buffett on Housing and Consumer Spending

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From MarketWatch: Buffett sees some housing market stabilization "In the last few months you've seen a real pickup in activity although at much lower prices," Buffett said, citing data from Berkshire's real estate brokerage business, which is one of the largest in the U.S. ... "We see something ...

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business.theatlantic.com - 5/7/2009

Is Warren Buffett Brilliant or Lucky?

— business.theatlantic.com — Despite his riches, should we care what Warren Buffett thinks?... (more) Is Warren Buffett Brilliant or Lucky?

Comments vote downundo vote up The Corner on National Review Online found this 5/7/2009found this

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Personal Savings and the Age of Reagan
Matthew Yglesias — ... I’ve heard Europeans ascribe the low American savings rate to some aspect of our national character, but as you can see on this chart it’s something that’s changed quite a bit over the years: ...

A New Culture of Savings?
Matthew Yglesias — I think Catherine Rampbell’s article on whether the slump-induced shift to higher savings rates in the United States is here to stay could have benefited from some more clarity. Here’s a chart: For a while in 2005 the savings rate was negative. And for a couple of years after that, it was extremely low. Then came the recession and the current leap up to about four percent. I think we can tell that the shift away from a savings rate of two percent or lower probably is quasi-permanent. That’s because it was ...