By JOSH FUNK, AP Business Writer
Sat Feb 28, 2009
OMAHA, Neb. – Warren Buffett remains optimistic about the prospects for his company and the nation even though Berkshire Hathaway Inc. turned in its worst performance in 2008 and the widely-followed investor says the economy will likely remain a mess beyond this year.
When Buffet's Berkshire takes a beating, we just plain folks oughtn't hope for too much.
And at least Buffet is honest:
Buffett wrote he's certain "the economy will be in shambles throughout 2009 — and, for that matter, probably well beyond..."How this sentiment translates into optimism is beyond me.
Again: stock up on rice & beans!