Thursday, February 9th, 2012

The swine flu has become something of an oddity in the media and as we know, we cannot discount the media when making investment decisions. The World Health Organization is now saying that this may become a pandemic yet it’s getting less media attention in the financial world than it did on Monday when the news first broke.

Early this morning I was doing my research and noticed that the futures didn’t look any better than they did Sunday night. In fact they looked a little worse. I’ve held the view that that the banks, who have been one of the leaders of the recent stock market rally don’t have any real reason to do it. It’s not like the credit markets are running well again. It’s not like toxic assets are all gone, and it’s not like the real estate market is any better. Banks are still hurting but to watch the market, you would think that a big money tree had grown in the back yard of each of the big banks.

If you are an investor, an economist, or a politician, you know this person’s name. Even if you are not in one of these categories, you may very well know the name Warren Buffett. I remember when I first found myself interested in investing. I had always believe that if you want to learn the art of something, you study and emulate the best in the business.