Buffett: Lethargy & Sloth

Wells Fargo: Require Banks to Retain More Loans

The Preferred Destination

Financialization of Copper

Capital Market Dysfunctionality

The Banking Power Utility

The Public-Utility Function

World's Safest Banks 2010

The Wells Advantage

Sinking Seaworthy Ships

The Soccer Referee

Munger: "Separate Derivatives from the Basic Bridges of Civilization"

Maintaining Order

Old Bullion

Munger on Investment Banks

"Nothing But Costs"

American Express

Salomon

Munger's Parable

Failure of Common Sense