Wednesday, March 11, 2009

Cool quotes of the day

"I don't know the bottom. I mean, if I knew the bottom, you know, I wouldn't have to look up 10-Ks and do all that stuff, I'd just buy the S&P 500 at the bottoms"
- Warren Buffett, CNBC interview Mar 9, 2009

"There are no such things as absolute values, independent of the subjective references of erring men. Judgments of values are the outcome of human arbitrariness. They reflect all the shortcomings and weaknesses of their authors."
- Ludwig Von Mises, Bureaucracy

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