Some highlights from the interview this morning in case you don’t want to sit through the 16 min:
Buffett thinks the current economic environment is close to the worst case scenario he envisioned.
Fear and confusion have been driving consumer and investor behavior.
Unemployment will climb higher than the current 8% levels.
He’s still optimistic over the long term [...]










Market Commentary from Hedge Fund Manager Ikro Yoon
February 27, 2009Ikro Yoon, of Celenian Capital, forwarded to me a recent market update he wrote to his investors. Here is an excerpt from the letter (re-published w/ his permission):
I still expect the economy to struggle for some time. The picture for the housing market is not any better, and the commercial property market shows signs of [...]