hasn't been good. However, the fundamentals that he is disciplined to follow - I think he has been consistent with that. The question is has the world changed with respect to fundamentals, or in 10 years will we find out he was right?

I remember the last crisis. When I heard he invested in GE, I did too. I bought it at 8, road it to 24, and sold it on the way back down at 17. Not sure I would buy it now, and maybe not again. So many mistakes by management.

I really enjoy listening to Buffett talk.