The sage speaks.

Wouldn't you know it, I ended up having so much fun this weekend I never got around to posting on the blog. What a tragedy. I went to an interesting place on Saturday night, the Ghost bar: http://www.n9negroup.com/#/ghostbardallas/main/ Probably the most pretentious place I've ever been in, but if that's what helps certain people get through the week, I wish them the very best...

So, Warren Buffett had all sorts of things to say over the weekend. It's funny, he used to pride himself on being a real recluse, but over the last couple of years he hasn't shunned public attention like he used to. He turns 78 on Saturday (I'm sure you all already knew that and have sent cards) and I'm wondering if he doesn't see the candle beginning to flicker; maybe he'll spend his last years with a larger role publicly. To summarize his comments, he still believes the mortgage meltdown and subsequent financial crisis will wreak havoc on the stock market, but also thinks the US stock market is very attractive right now as some stocks that have trended with the overall market have become undervalued. For any Budweiser fans, or shareholders, it's interesting to note Buffett sold nearly two-thirds of Berkshire's 35.6 million shares of Anheuser-Busch Cos. stock because he hadn't been sure Belgian brewer InBev SA's takeover bid of $65 a share would succeed. Anheuser agreed to the $52 billion bid in July. He closed by noting that he is the greatest investor there ever was and everyone should love him like a teddy bear...

A new Ipod nano will be coming out in the next two months. I know everyone is super excited. I'm going to go out on a limb and say that it will be: white, thin, of simplistic design and have no more than one main button.

Look for the drive-by media to basically be in a constant state of exuberance that will border on psychosis this week as the democrat convention rolls forward.

Criminals have begun to use Euros instead of Dollars in some black market transactions. What a horrible side effect of a weak Dollar. I was so proud of the Dollars place as the #1 currency of choice for black market operations.

I'll post about the how each candidate's tax policies would affect retirement savings next. Until then!