As we watch the turmoil on Wall Street, our sinking portfolios, and the financial crisis that may be leading us to a severe recession, we're left to wonder what is the deeper spiritual message.
After all, what we are seeing now isn't something new -- although we wanted to fool ourselves into thinking that it wouldn't happen to us again. Too bad we can't be as smart as Warren Buffett, universally recognized as the world's best and most intelligent investor. In 1999, as analysts kept insisting that "this time there is no limit to how high the market could go," Buffett warned of what he called "an almost biblical kind of symmetry." He was referring to the Book of Genesis, where Joseph is called to interpret the dreams of the Egyptian Pharaoh: Seven lean cows ate seven fat cows, and seven lean ears of grain consumed seven plump ears. The interpretation, said Joseph, is that seven years of bounty will be followed by seven years of famine.
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