Welcome to the March 9, 2009 edition of Festival of Stocks. As the name suggests, this festival is about stock where individuals share different perspective about stocks, analysis, experiences, learning, check lists, and narratives. Each post is a good story, so I would recommend you to take time to read all of the posts.
Michael Haltman presents The Annual Report From The Oracle Of Omaha posted at The Political and Financial Markets Commentator, saying, “By year end, investors of all stripes were bloodied and confused, much as if they were small birds that had strayed into a badminton game. As the year progressed, a series of life-threatening problems within many of the world’s great financial institutions was unveiled. This led to a dysfunctional credit market that in important respects soon turned non-functional. The watchword throughout the country became the creed I saw on restaurant walls when I was young: “In God we trust; all others pay cash.” continue reading rest of the article….