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To: Haim R. Branisteanu who wrote (181577)	7/19/2002 5:29:12 PM
From: yard_man	Respond to of 436258

Haim, read some of those articles -- sounds good, but I'll stay short. thanks ... I would love to see the euro correct as I have no position, but I'm not holding my breat, k? For instance: >>In many ways, companies have already begun to embrace more conservative accounting methods, often with little fanfare. When CEOs have to personally vouch for their companies' financial statements, as they must start doing on Aug. 14, it's a good bet that they will play it safer than they did in the 1990s, even if it shaves more than a few cents off of earnings per share. Boards are now equally motivated. With investors and politicians alike demanding better governance--and real consequences for directors who don't deliver it--audit committees suddenly are snapping to attention. Here's an idea: Wouldn't we all be a whole lot happier if we not only admired (and envied) Warren Buffett but truly took the Sage of Omaha as an investing role model? We would buy only the stocks of companies we understood and believed in, and we would hold tight to their shares through thick and thin. We would closely follow the news but never be unnerved by it. We would acknowledge the likelihood that the stock market will not outperform the economy over the coming decade as it did in the 1990s--and we would welcome this as a return to common sense. <<