Thomas Molloy: What Warren would do to change Ireland
From avoiding tech firms to being positive, Warren Buffett has much to teach us, writes Thomas Molloy
Published 19/01/2014 | 02:30
AN entire cottage industry exists to answer the question "What would Warren do?" The Warren in question is legendary investor Warren Buffett who has become the second richest man in the world thanks to a seemingly simple investment strategy.
Those investment principles have inspired dozens of guides, imitators and even a children's book. Thousands travel to Omaha, Nebraska, each year to hear him muse about investing and the economy as a whole.
As our country still grapples with the after-effects of the financial crisis, one that Buffett largely predicted with his description of some derivatives as "weapons of mass financial destruction", perhaps we should ask ourselves what would Warren Buffett do?