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Author: rjf53 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 70661  
Subject: Re: Anyone could have done what W. Buffet has do Date: 2/14/2013 2:14 PM
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This post is not so much to espouse a point of view, rather to generate discussion of a New Paradigm, if it even exists.

My views are pretty simple on the subject.

Betting on the end of the world is a sure thing and yet it is a bet I will never make.

Thinking this time is different will cause you to lose a lot more often than it will ever help you to win.

Do things change and are they changing faster, you bet, but some things never change as well. (We all need to eat)

"Global markets, market saturation, resource shortages, labor pricing" are all real but at best will change how we value certain items and for every loser there will likely be a winner. For example if you're convinced there will be resource shortages investing in those resources should be a pretty good bet.

I don't know, maybe it's that I'm a product of the 60's where we were all convinced how different we were from our parents, and how we would change (Fix) the face of the world.(Some job we did ,huh?) Well maybe we did in some manner, but after the passing of 40ish years the guy I see in the mirror looks and acts an awful lot like my dad did.

It's always been that way if you think about it and I suspect it always will be.

B

PS If you go and check exactly how much Coke, Coke sells, you will see they didn't grow strictly because of the times but because they adapted to the changing times.

Selling bottles of water, who the fark came up with that idea? They would have got laughed out of the room in most places 50 years ago.

B
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