fidestango | Shared With: Everyone - Mar 02 2009 | alternatives, filing, bankruptcy, divided, boneless, skinless, chicken, unfortunate, loss, yamalalternatives, filing, bankruptcy, divided, boneless, skinless, chicken, unfortunate, loss
- fidestango | Shared With: Everyone - Jan 02 2009 | alternatives, bankruptcy, depending, color, skin, eyes, hair, yamal
Are There Any Alternatives to Bankruptcy?
- fidestango | Shared With: Everyone - Nov 06 2008 | projector, paint, alternatives, black, widow, yamal
projector, paint, alternatives, black, widow
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consultant and financial analyst specializing in renewable energy and energy efficiency. In his consulting role, he testifies on behalf of clients before public utilities commissions and state legislatures to promote clean energy. In addition to AltEnergyStocks.com, he writes about clean energy and economics as a freelancer. He has a Ph.D. in mathematics from Purdue University, where he wrote his thesis on Complex Dynamics, a branch of chaos theory. His study of chaos theory led to his conviction that knowing the limits of our ability to predict is much more important than predictions themselves.
3 FaversViewed: 14 Times - Sigalon - Mar 01 20081 FaverViewed: 10 Times
- Karl - Apr 15 200611 FaversViewed: 40 Times
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A very article in the NYT regarding squandered wealth. The quotes from Buffett are, as always, good but they're a bit misleading. He actually did require funding at the beginning of Berkshire Hathaway. He told a group of family and friends to give him their money and that he would invest it on their behalf. While not debt, per se (since he had no real obligation to them), it certainly had the same psychological burden and is more money than most of us will ever require to fund an enterprise in our lives.
Quoted: Questioned in 1991 about the reasons rich people hit the skids, the multibillionaire investor Warren E. Buffett told an audience at Notre Dame that debt and alcohol were ever-present culprits in financial demise. “I’ve seen more people fail because of liquor and leverage — leverage being borrowed money,” he said, according to a transcript of his comments. “You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.
1 FaverViewed: 7 TimesQuoted: “I’ve never borrowed a significant amount of money in my life. Never,” he added. “Never will. I’ve got no interest in it. The other reason is I never thought I would be way happier when I had 2X instead of X.”
- websurfer5 - Jun 11 20094 Favers
