Monday, March 02, 2009

Back again...

I told my wife sometime back that I am going to start blogging again...when I read this line today, I thought to myself that if I don't put this on the blog, I would have missed a golden opportunity to restart. So here it is, continuing the 'on-liner' series. This line (there are more lines worthy of mention, maybe in a later post) from Warren Buffet's letter to Berkshire's shareholders in Feb 2009:

The First Law of Corporate Survival: Modest incompetence simply won't do; it's mindboggling screw-ups that are required

(Warren's way to potray the utter helplessness of the federal government in letting huge financial institutions fail, unfortunately)