On market sentiment and the subprime debacle

Last Friday, the video that kicked off Warren Buffett’s annual meeting began making the rounds, starring two British comedians and a pretty hilarious overview of the subprime mess and ensuing credit meltdown. See how how “dodgy debt” transforms into an “investment vehicle.” And the discussion of “enhanced leverage” is not to be missed. Sure, you could read today’s news stories about what Buffett said about the credit mess and where it’s going next, but we think this is infinitely more entertaining.

Most Popular Articles

Latest Articles

Selling your home to a family member in 5 easy steps 

Selling your home to a family member can be beneficial but requires careful planning and transparent communication. Follow these five steps to ensure a smooth transaction, from agreeing on logistics and assembling a professional team to determining your home’s value and understanding tax implications.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please