A particular passage from that essay is dear to me:
“…I’ve long considered Buffett an idiot savant – a genius at buying stocks but at nothing else. His statement [about gold value] is quite accurate, but completely meaningless… Buffett is certainly not stupid, but he’s a shameless and intellectually dishonest sophist. And although a great investor, he’s neither an economist or someone who believes in free markets.” Well put, Mr. Casey, better than what I have written a couple days ago 😉
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