Friday, August 17, 2012 10:50:37 AM
Buffet's long term returns speak for themselves, in up and down periods, but he's not infallible. My point is that, even in his wind power investments, he won't have been blind to the challenges and he will have been putting a lot of intellectual rigour into answering the difficult questions, even if they challenged his rationale for investing in the first place. I'm confident that that is what Nobody is doing here, and as such he adds a lot to the discussion. Much more than just "Go GERS..."
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