Mr. Buffett has stabilized many markets and industries with the good old fashion LONG TERM APPROACH and that is what has been missing in most of Wall Street and the cause of many of our woes.
I remember just over 10 years ago when California was having it's woes caused by the likes of ENRON and it was Mr Buffett's capital that helped them out of a near disaster by fast tracking other markets to supply that needed energy when others could not find the vast short term gain they were looking for as a investment.
I might say the same for the Railroad industry. And countless others. Job creator... not as much but for the long term retention of jobs here in this country with sound business basics, much more than most know apparently.
This county would have been at a loss without his clear thinking long term investment strategy's.
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