Thursday, September 18

An insightful statement

Warren E. Buffet while referring to reckless corporate debt mentioned "You never know who is swimming naked until the tide goes out."

I'm sure many would be able to appreciate this insight in today's context. The financial global meltdown has exposed or started exposing the bare bodies which may not be a pleasant experience, to put it mildly! And remember that Buffet had made this statement, decades ago!!

Well, just wanted to point out that the above statement seems appropriate in many contexts, exactly like a proverb!

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