Judith Ellis: Warren Buffett: The Oracle Speaks

Huffington Post | by Judith Ellis | Tue, May 5

Basically, four or five years ago, virtually everybody in the country had this model in their heads, formal or otherwise, that house prices could not fall significantly," Mr. Buffett said. He later added that "it was stupidity and the fact that everyone else was doing it." He said that if Moo...

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