A little optimism...

The following excerpt came from a newsletter I receive weekly from Bluegrass Mortgage. I thought this was worth passing along to share...

A Simple Business Lesson
This newsletter focuses on real estate and mortgage lending, and both are businesses. For anyone interested in learning a few valuable and applicable business lessons, consider reading Warren Buffett's annual letter to Berkshire Hathaway shareholders (free to everyone at berkshirehathaway.com), which was released last week. Berkshire has businesses in many sectors of the economy (including housing and lending), so Mr. Buffett has a lot to say. More important, what he says is said in witty, insightful prose that anyone – business oriented or not – can understand.
Mr. Buffett has rarely been wrong with his longer-term prognostications, so it is worth noting that he, like us, remains an optimist. “ America has had no shortage of challenges,” he says. “Without fail, however, we’ve overcome them.... Though the path has not been smooth, our economic system has worked extraordinarily well over time. It has unleashed human potential as no other system has, and it will continue to do so. America ’s best days lie ahead.” It might be hard to fathom at this moment, but Mr. Buffett will be proven right, and he'll be proven right because of all of us working to make it right.