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You want to be greedy when others are fearful and you want to be fearful when others are greedy. In my adult lifetime I don't think I've ever seen people as fearful, economically, as they are right now.

- Warren Buffet, ten days ago, after he invested in Goldman Sachs and General Electric.

The central principle of investment is to go contrary to the general opinion, on the grounds that if everyone agreed about its merit, the investment is inevitably too dear and therefore unattractive.

- John Maynard Keynes, a long time ago.



Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Sat Oct 11th, 2008 at 09:24:25 AM EST
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