The Condé Nast Portfolio has an article in which Buffett discusses the economy: “The Other Buffett’s Recession Strategy”
“There’s a recession on, but we’re still rocking in the free world,” he recently told a crowd in Mountain View, California, according to the San Jose Mercury News.
I caught up with Buffett last week at Bette Midler’s annual Hulaween Ball. Donning a smoking jacket and pencil-thin mustache as the lady-lovin’ Continental made famous by Christopher Walken on Saturday Night Live, Buffett mused on the economy. In down times like these, with companies laying people off, it’s important for people to find and focus on their niche, he said.
As he told USA Today last June, “Bad times have always been made better if you can laugh at yourself or laugh at the ridiculousness of the situation.”