Some inspiring Quotes from one of the greatest investers the US has. Warren Buffet

The future is never clear, and you pay a very high price in the stock market for a cheery consensus. Uncertainty is the friend of the buyer of long-term values.
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over
The most common cause of low prices is …

Buying stock in the current bear market takes some curage. But it’s what Warren Buffet would do and as he always says “Be afraid when others are greedy and greedy when others are fearfull”
As he points out in his editorial of last week at the NY times Warren Buffet indicates that bad news is an investers friend as those are just the times to pick up stock that in the long run will perform. But you have to have a long term vision as it’s not likely that a …

President Bush announced to hold a world summit on the credit crisis soon. The announcement was made with mr. Sakozy (president of France) and mr Barroso (Top of Europian commission) at Camp David.
The summit should focus on how to prevent another financial crisis in the banking world like there is now with credit crisis. The french president called for an overhaul of the current worldwide fininacial system. But the US indicated that they will not create any new policies in Camp David.
The last few weeks there have been sveral meetings …