'Whatever the downsides may be, strong and immediate action by government was essential last year if the financial system was to avoid a total breakdown. Had that occurred, the consequences for every area of our economy would have been cataclysmic. Like it or not, the inhabitants of Wall Street, Main Street and the various Side Streets of America were all in the same boat.'
— Warren Buffett
'He dove in too fast and probably wishes he had waited a few months. ... No one, not even Buffett, can call the bottom.'
— Mark Sellers, Sellers Capital
he said. "It's a no brainer."
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