The Greenback Effect

Posted on: August 19th, 2009 by David Atwood No Comments

New York Times Op-Ed by Warren Buffett – August 19, 2009 Buffett describes the scope of the debt in a historical context and the three ways we can pay for it; borrow from foreigners, borrow from our citizens, or print money. John Maynard Keynes is quoted as saying, “By a continuing process of inflation, governments […]

Intelligent Investor

Posted on: January 25th, 2009 by David Atwood No Comments

The Intelligent Investor section of the Owners Manual is a salute and shameless imitation of concepts introduced by Ben Graham, Buffett’s mentor, and by Buffett through the annual reports of Berkshire Hathaway. The idea is to equip investors with indispensible information that is essential to understanding investing. Included in this section are some of the […]