I give credit for this market for giving me vindication over some of the people I know. While I was plugging along surely but safely like Warren Buffet would, those people were dreaming of riches. Those riches have now gone poof.
If the market goes to 2000/2001 levels, there’ll be plenty of hurt to go around. “Investors” I know are now hurting trying to weather the storm, so to speak. They are still putting up a good front, but I’m not expecting that to last past 2008.