Tag Archives: Warren Buffett Economy
Buffett and Munger share lessons of turmoil
Posted on15. May, 2009 by Admin.
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Via: Associated Press
Billionaires Warren Buffett and Charlie Munger said Sunday the most important lessons of the recent financial turmoil are that companies should borrow less and build a system that imposes severe disincentives for failure.
“I think the most important lesson is the world needs a whole lot less leverage,” said Buffett, who is Berkshire’s 78-year-old [...]
