Tuesday, August 16, 2011

My webbots are smarter and faster than Buffet's Choo Choo

Warren Buffett said the U.S. economy may pick up faster than the Federal Reserve expects and that the U.S. and Asia can probably weather the euro-zone debt crisis.

The Fed’s announcement last week that it will keep interest rates near zero for two more years was “a very, very stark statement,” the multibillionaire investor said in an interview on the Charlie Rose show aired Monday in the U.S. “I think there’s a chance they’re wrong, yeah. I think it may pick up before then.” WSJ
I dunno what inside information Warren thinks he has, but I have web bots that circle the Internet and tell me where and how much the ships, trains and airlanes are carrying. Warren relies on one silly Choo Choo train for his insight.

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