Wednesday, October 05, 2005

On the Sage from the Baltimore Sun...........

Warren Buffett's digestion is threatened these days by more than T-bone steaks and Dairy Queen ice cream. Often as not recently, the world's foremost dollar doubter has been waking up to find the greenback gaining in value, shaming its critics and costing him and his shareholders millions... Not long after boss Buffett decided he was not just a stock-picker but an applied macroeconomist, competent to bet on global fund flows, Berkshire began lagging behind the stock market... If the greenback continues to rise or at least maintains most of its recent gains ... many scary stories you've heard about the future U.S. economy won't come true.

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