My boss is obsessed with the Tiger Woods fallout. I heard a funny quote yesterday on CNBC by Jim Rogers. He’s a pretty famous investor. One of my colleagues called him the coolest guy on wall street. That’s saying a lot since he wears a bow tie. Can anyone really not trust a person in a bow tie? Anyway, here’s the quote:
“They said in writing yesterday the solution to our problem is to spend more money … that’s what got us into this problem: too much debt.”
“That’s like saying to Tiger Woods, ‘you get another girlfriend and it will solve your problems’ or ‘five more girlfriends and you will solve your problems,’” he said.
And just to get a jab in, here’s what he said about Secretary Geithner:
Geithner “is a very smart person,” but “he’s been wrong about everything for the last 15 years,” Rogers said.
Last 3 posts by Jason
- You Can't Make This Stuff Up - February 19th, 2010
- Washington Gridlock - February 11th, 2010
- I Guess I'm Not the Only One Who Thought This - January 28th, 2010
haha
I can’t stand the phrase, \spend our way out of the recession.\ The bow-tie man is exactly right. I know only one man who wears a bow tie and I trust him.