Warren Buffet Says...

I vaguely remember a series of commercials about some suited men gathered for lunch, talking about business, the stock market and what not, and they ask one what he thinks. As the man opened his mouth to answer, the entire restaurant stopped what it was doing to listen. That man was supposed to be a particular stock broker, and the implication was that anything that stock broker said would be gold, something the others could take to the bank.

Since then, I have heard about Warren Buffet, but only because he lives in the same part of the country as I do, and his annual stock holder meetings bring some needed 'tourist' dollars to Nebraska. For a long time, all I really knew about him was that he was a very rich, self-made man. I could admire his abilities, even though I knew I did not have those abilities. And since I would never have $100,000 – or even $10,000 – to invest, I didn't think he had much to say to me.

Others, of course, listen to every word he ever utters about choosing stocks and investments, rather like that guy in the commercial I mentioned. Those guys probably already have more money to their name than I will make in my entire lifetime, but they want even more. Sometimes I wonder what they plan on doing with all that money. They can't take it with them, so it will probably get passed on to relatives.

I've heard more about Mr Buffet the last year or two. He is a rarity, with an astounding understanding of the working class. And even he says the rich class is fighting a war against the other classes.

But comments like that have nothing to do with making more money for the rich cats, so I doubt if they listen to those statements.