All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: patron_anejo_por_favor who wrote (30250)	4/30/2000 2:05:00 AM
From: patron_anejo_por_favor	Read Replies (2) of 42523

Buffett on the Bubble: bloomberg.com Buffett compared the run up in Internet stocks to other manias, such as a tripling of prices for farmland in Nebraska in the 1980s. ``Any time there have been real burst of speculation in the market, it does correct eventually,'' said Buffett. ``Looking back, you will see this as an era of enormous wealth transfer, but investors as a whole will gain nothing. It's the same principal as a chain letter.''

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