September 30, 2008
News & Opinion: Snowball or Avalanche?
I am annoyed by the newswire stories that each day report causes for stock market fluctuations without any real substantiation.
I am surprise no one has connected some aspect of the 777 drop in the Dow Jones Industrial yesterday to the release of The Snowball, the new biography about Warren Buffet.
In writing about the new book, Marketwatch did manage to call out Buffet's Goldman Sachs investment as an example of his prowess for finding bargains.
Should you have any attention left to devote to the coverage of the 976 page biography, The Financial Times and The New York Times both ran reviews over the weekend, complimentary of author Alice Schroeder and the work she did creating a portrait of the "Oracle of Omaha".
I got my copy today (thanks John!) and will have more to say after I get done checking the latest from AP.