McMatt63

I just ran into Todd. Thought we needed clarification. He said it is 500 pages a week, not a day. Omaha World mis-quoted him on their article. He said he no longer counts the number, he just knows like a long term runner knows his mileage.

Couple notes of response to Ms. Schroeder's article: 1. I for one am not "disconcerted" by Mr. Buffett's comments in the shareholders' letter that he is "not going anywhere soon". Stay as long as you like Mr. Buffett!! I think your judgment of when it is your time to go is far better than most of the rest of ours could ever be. 2. I believe that she has misrepresented Mr. Buffett's comments in the annual letter about those who have lost their homes through foreclosure. He was not indicating that the banks were victimized by those that only "earlier refinanced at cheaper rates". He, I believe, stated that those former home owners actually may not have the ones who had lost out because they had refinanced and pulled all or much of the equity -that was in fact only a temporary allusion of equity- out of their homes to only let those go to foreclosure when the market shifted winds and created underwater situations. Some homeowners may have actually not lost but gained and the banks are the ones that have lost in those circumstances.

We lost a good one this weekend. http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/02/20/bloomberg_articlesLZP8LG1A74E901-LZPYH.DTL http://www.bloomberg.com/news/2012-02-20/walter-schloss-superinvestor-who-earned-buffett-s-praise-dies-at-95.html