> Buffett has navigated far worse situations in his business career. Look at what he went through with Solomon. Absolutely. Or, to a lesser extent, the Buffalo

> Buffett has navigated far worse situations in his business career. Look at what he went through with Solomon. Absolutely. Or, to a lesser extent, the Buffalo Courier-Express antitrust case back in the 70s. Buffet's "go honest early" policy is yet another brilliant long term strategy that seems slightly crazy / ruinous in the short run. For anyone interested, this book was a good read: http://www.amazon.com/Buffett-American-Capitalist-Roger-Lowenstein/dp/0385484917 http://www.amazon.com/Buffett-American-Capitalist-Roger-Lowe...