{"id":4386,"date":"2025-11-17T01:20:00","date_gmt":"2025-11-17T04:20:00","guid":{"rendered":"https:\/\/elinversordebolsillo.com.ar\/?p=4386"},"modified":"2025-11-05T13:59:11","modified_gmt":"2025-11-05T16:59:11","slug":"buffett","status":"publish","type":"post","link":"https:\/\/elinversordebolsillo.com.ar\/en\/buffett\/","title":{"rendered":"When Warren Buffett praised The Skillful Way Out of the Subprime Crisis"},"content":{"rendered":"<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-large-font-size\">November 17th anniversary<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\"><strong><em>On November 17, 2010, Warren Buffett published an article in the New York Times titled &quot;Pretty Good for Government Work&quot; in which he thanked the government for its work during the Supreme Court Crisis.<\/em><\/strong><\/p>\n\n\n\n<p><strong>Warren Buffett, one of the world&#039;s most renowned investors, published an op-ed in the New York Times in which he forcefully defended the actions taken by the United States government during the 2008 financial crisis.<\/strong><\/p>\n\n\n\n<p>Buffett argued that government measures, such as bailouts of large financial institutions, were not only necessary but also highly effective in preventing an even greater economic collapse.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The key points of the article are:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Speed of Government Response:<\/strong> Buffett highlighted the speed with which the government intervened to stabilize the financial system, thus avoiding a larger crisis.<\/li>\n\n\n\n<li><strong>Effectiveness of Rescues:<\/strong> The investor said the funds injected into struggling financial institutions were crucial to preventing a total economic collapse.<\/li>\n\n\n\n<li><strong>Role of Government in Recovery:<\/strong> Buffett credited the government with a pivotal role in the post-crisis economic recovery, noting that its policies helped revive the economy and prevent a prolonged depression.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" data-dominant-color=\"d0d0d0\" data-has-transparency=\"false\" style=\"--dominant-color: #d0d0d0;\" fetchpriority=\"high\" decoding=\"async\" width=\"920\" height=\"552\" src=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/prettygood-png.webp?resize=920%2C552&#038;ssl=1\" alt=\"\" class=\"wp-image-5900 not-transparent\" title=\"\" srcset=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/prettygood-png.webp?w=920&amp;ssl=1 920w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/prettygood-png.webp?resize=300%2C180&amp;ssl=1 300w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/prettygood-png.webp?resize=768%2C461&amp;ssl=1 768w\" sizes=\"(max-width: 920px) 100vw, 920px\" \/><figcaption class=\"wp-element-caption\">Cover of Warren Buffett&#039;s article on the Subprime Crisis<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Impact of the Article:<\/strong><\/h2>\n\n\n\n<p>This opinion piece sparked a heated debate about the role of government in the economy, especially in times of crisis. Buffett, with his renowned reputation as a shrewd investor, placed considerable weight on the idea that government intervention can be necessary and beneficial in certain situations.<\/p>\n\n\n\n<p><strong>In summary,<\/strong> Buffett championed the idea that government can play a vital role in stabilizing the economy during difficult times, and that the actions taken during the 2008 crisis were a testament to this. His article served as an endorsement of government intervention policies in times of financial crisis.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/inscripcion-mentoria-financiera\/\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"851\" height=\"315\" src=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1.jpeg?resize=851%2C315&#038;ssl=1\" alt=\"\" class=\"wp-image-3997\" title=\"\" srcset=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1.jpeg?w=851&amp;ssl=1 851w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1.jpeg?resize=300%2C111&amp;ssl=1 300w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image-1.jpeg?resize=768%2C284&amp;ssl=1 768w\" sizes=\"(max-width: 851px) 100vw, 851px\" \/><\/a><\/figure>\n\n\n\n<h5 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio\">You might also be interested in:<\/h5>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/empezar-a-invertir-en-bolsa\/\">The Secrets to Starting to Invest in the Stock Market for Beginners<\/a><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/objetivos-financieros\/\">How to achieve your financial goals and achieve financial freedom<\/a><span data-rich-text-placeholder=\"Teclea \/ para elegir un bloque\" style=\"pointer-events:none;user-select:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;\"><\/span><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/servicios-financieros\/\">Choosing quality financial services is essential. How do you get them?<\/a><span data-rich-text-placeholder=\"Teclea \/ para elegir un bloque\" style=\"pointer-events:none;user-select:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;\"><\/span><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/preg-mentorias-financieras\/\">Frequently asked questions about our Financial Mentoring<\/a><span data-rich-text-placeholder=\"Teclea \/ para elegir un bloque\" style=\"pointer-events:none;user-select:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;\"><\/span><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mentoria-financiera\/\">Reasons why taking financial mentoring is essential<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Impact of the Subprime Crisis on Berkshire Hathaway<\/h2>\n\n\n\n<p><strong>Berkshire Hathaway, the investment company led by Warren Buffett, was not immune to the 2008 financial crisis known as the Subprime Crisis.<\/strong> Despite Buffett&#039;s reputation as a shrewd investor, the company experienced significant challenges during this turbulent period.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Main impacts:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Significant losses:<\/strong> Like many other companies, Berkshire Hathaway suffered considerable losses due to the financial market downturn. The company&#039;s investment portfolio, which includes stocks from various companies, was affected by the volatility and falling prices.<\/li>\n\n\n\n<li><strong>Wrong decisions:<\/strong> Even Buffett admitted to making some investment mistakes during the crisis. For example, buying a large amount of ConocoPhillips stock at its peak proved to be an unlucky investment due to the subsequent drop in crude oil prices.<\/li>\n\n\n\n<li><strong>Pressure on the insurance business:<\/strong> The insurance business, which has traditionally been one of Berkshire Hathaway&#039;s main sources of revenue, was also affected by the crisis. The decline in economic activity and increased losses from claims pressured this segment&#039;s results.<\/li>\n\n\n\n<li><strong>Investment opportunities:<\/strong> Despite the challenges, the crisis also presented investment opportunities for Berkshire Hathaway. The company took advantage of falling stock prices to acquire solid companies at attractive prices.<\/li>\n<\/ul>\n\n\n\n<p><strong>Despite these challenges, Berkshire Hathaway demonstrated its resilience and adaptability.<\/strong> The company managed to overcome the crisis and continued to grow over the long term. Buffett&#039;s long-term vision and Berkshire Hathaway&#039;s strong financial position were key factors in its ability to navigate this turbulent period.<\/p>\n\n\n\n<p><strong>In summary,<\/strong> The 2008 crisis was a challenging period for Berkshire Hathaway, but it also served as a test of fire for the company and its leadership. Despite the losses and mistakes, Berkshire Hathaway emerged from the crisis as an even stronger company and consolidated its position as one of the world&#039;s most important conglomerates. It wasn&#039;t long before the company regained its market capitalization and became one of the most valuable in the world.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/libros-de-finanzas\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/10\/image.jpeg?ssl=1\" alt=\"\" class=\"wp-image-3996\" title=\"\"><\/a><\/figure>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">You and your company can also invest in quality companies, like Berkshire<\/h2>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">In the <strong><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/mentoria-financiera\/\" data-type=\"post\" data-id=\"2813\">Financial Mentoring<\/a> With El Inversor de Bolsillo\u00ae you can learn while you invest, and we&#039;ll guide you according to your needs.<\/strong> Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to <strong>your investment is a success<\/strong>, so much <strong>investing in Argentina as in any other part of the world.<\/strong><br>There are different monthly plans of <strong>according to your circumstances and your budget<\/strong>The most important thing is that whichever plan you choose, <strong>you'll never be alone<\/strong>We will accompany you in your learning so that you can <strong>invest successfully.<\/strong><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">Getting the best financing for your business isn&#039;t easy. And you&#039;re also focused on improving your business, so financial matters can be difficult. Don&#039;t worry, we&#039;re here to help.<br><strong>With the <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/financiamiento-empresas\/\" data-type=\"post\" data-id=\"2822\">Financial Optimization Program<\/a> From El Inversor de Bolsillo\u00ae, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. <\/strong>We help you manage the registration in a Reciprocal Guarantee Society and <strong>get the best rates on the market<\/strong>. After the three free months have passed, a set number of monthly hours of financial consulting is provided.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">If you want to learn more about how to invest risk-free, visit our website. <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/\">www.elinversordebolsillo.com.ar<\/a> either <a href=\"https:\/\/www.youtube.com\/@elinversordebolsillo\" target=\"_blank\" rel=\"noopener\">our YouTube channel<\/a>.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-gestor-del-servicio wp-block-embed-gestor-del-servicio wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"What are the Pocket Investor mentorships like?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/tST87EKSg0Q?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h3 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">See more notes from our blog:<\/h3>\n\n\n\n<div class=\"wp-block-query is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"wp-block-post-template is-layout-flow wp-block-post-template-is-layout-flow\"><li class=\"wp-block-post post-7201 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-curso-de-finanzas tag-bolsa-de-valores tag-curso-de-finanzas-gratuito tag-etf tag-indices tag-mercado-de-valores tag-mercado-internacional\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/12-que-es-un-etf\/\" target=\"_self\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/05\/image-11.webp?resize=1024%2C768&#038;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"12 &#8211; Qu\u00e9 es un ETF y C\u00f3mo Funciona\" style=\"--dominant-color: #c2daf1;object-fit:cover;\" srcset=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/05\/image-11.webp?w=1024&amp;ssl=1 1024w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/05\/image-11.webp?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/05\/image-11.webp?resize=768%2C576&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-has-transparency=\"false\" data-dominant-color=\"c2daf1\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\"><h4 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/12-que-es-un-etf\/\" target=\"_self\">12 \u2013 What is an ETF and How Does it Work?<\/a><\/h4><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-4638 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-consejos-financieros tag-consejos-de-bolsa-para-principiantes tag-consejos-financieros tag-empezar-a-invertir tag-warren-buffett\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/oraculo-de-omaha\/\" target=\"_self\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/image-12-png-e1741107329651.webp?resize=1500%2C1000&#038;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"El Or\u00e1culo de Omaha: 13 Consejos de Calidad de Warren Buffett\" style=\"--dominant-color: #4e4a4d;object-fit:cover;\" srcset=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/image-12-png-e1741107329651.webp?w=1500&amp;ssl=1 1500w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/image-12-png-e1741107329651.webp?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/image-12-png-e1741107329651.webp?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2025\/02\/image-12-png-e1741107329651.webp?resize=768%2C512&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-has-transparency=\"false\" data-dominant-color=\"4e4a4d\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\"><h4 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/oraculo-de-omaha\/\" target=\"_self\">The Oracle of Omaha: 13 Quality Tips from Warren Buffett<\/a><\/h4><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5581 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-efemerides category-mayo category-mercado-internacional tag-acero tag-industria tag-jfk tag-jfk-y-la-industria-del-acero tag-us-steel\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/jfk-y-la-industria-del-acero\/\" target=\"_self\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1216\" height=\"832\" src=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/freepik__jfk-vs-steel-industry__20258.webp?resize=1216%2C832&#038;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"JFK y La Industria del Acero: A 64 A\u00f1os del Inolvidable Conflicto\" style=\"--dominant-color: #39302c;object-fit:cover;\" srcset=\"https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/freepik__jfk-vs-steel-industry__20258.webp?w=1216&amp;ssl=1 1216w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/freepik__jfk-vs-steel-industry__20258.webp?resize=300%2C205&amp;ssl=1 300w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/freepik__jfk-vs-steel-industry__20258.webp?resize=1024%2C701&amp;ssl=1 1024w, https:\/\/i0.wp.com\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/11\/freepik__jfk-vs-steel-industry__20258.webp?resize=768%2C525&amp;ssl=1 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-has-transparency=\"false\" data-dominant-color=\"39302c\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\"><h4 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/jfk-y-la-industria-del-acero\/\" target=\"_self\">JFK y La Industria del Acero: A 64 A\u00f1os del Inolvidable Conflicto<\/a><\/h4><\/div>\n<\/div>\n\n<\/li><\/ul>\n\n<form role=\"search\" method=\"get\" action=\"https:\/\/elinversordebolsillo.com.ar\/en\/\" class=\"wp-block-search__button-outside wp-block-search__text-button wp-block-search\" data-trp-original-action=\"https:\/\/elinversordebolsillo.com.ar\/en\/\"    ><label class=\"wp-block-search__label\" for=\"wp-block-search__input-1\" ><strong>Search all blog posts:<\/strong><\/label><div class=\"wp-block-search__inside-wrapper\" ><input class=\"wp-block-search__input\" id=\"wp-block-search__input-1\" placeholder=\"\" value=\"\" type=\"search\" name=\"s\" required \/><button aria-label=\"Look for\" class=\"wp-block-search__button wp-element-button\" type=\"submit\" >Look for<\/button><\/div><input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Keyword cloud<\/h3>\n<\/div>\n\n\n<p class=\"wp-block-tag-cloud\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/aeronautica\/\" class=\"tag-cloud-link tag-link-60 tag-link-position-1\" style=\"font-size: 8pt;\" aria-label=\"Aeronautics (4 items)\">Aeronautics<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ahorro\/\" class=\"tag-cloud-link tag-link-328 tag-link-position-2\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"savings (7 items)\">saving<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/analisis-fundamental\/\" class=\"tag-cloud-link tag-link-491 tag-link-position-3\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"analisis fundamental (5 items)\">fundamental analysis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/apple\/\" class=\"tag-cloud-link tag-link-173 tag-link-position-4\" style=\"font-size: 10.095808383234pt;\" aria-label=\"Apple (8 items)\">Apple<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/asesor-financiero\/\" class=\"tag-cloud-link tag-link-159 tag-link-position-5\" style=\"font-size: 11.437125748503pt;\" aria-label=\"Financial Advisor (12 items)\">Financial Advisor<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bancos\/\" class=\"tag-cloud-link tag-link-193 tag-link-position-6\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"banks (7 items)\">banks<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/berkshire-hathaway\/\" class=\"tag-cloud-link tag-link-71 tag-link-position-7\" style=\"font-size: 8pt;\" aria-label=\"Berkshire Hathaway (4 items)\">Berkshire Hathaway<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bolsa-de-valores\/\" class=\"tag-cloud-link tag-link-39 tag-link-position-8\" style=\"font-size: 19.40119760479pt;\" aria-label=\"Bolsa de valores (114 items)\">Stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bonos\/\" class=\"tag-cloud-link tag-link-322 tag-link-position-9\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"bonds (6 items)\">bonds<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja\/\" class=\"tag-cloud-link tag-link-289 tag-link-position-10\" style=\"font-size: 10.095808383234pt;\" aria-label=\"bubble (8 items)\">bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja-puntocom\/\" class=\"tag-cloud-link tag-link-239 tag-link-position-11\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Dotcom bubble (11 items)\">Dot-com bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/byma\/\" class=\"tag-cloud-link tag-link-83 tag-link-position-12\" style=\"font-size: 10.51497005988pt;\" aria-label=\"byma (9 items)\">byma<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/commodities\/\" class=\"tag-cloud-link tag-link-373 tag-link-position-13\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"commodities (5 items)\">commodities<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/compania-de-los-mares-del-sur\/\" class=\"tag-cloud-link tag-link-349 tag-link-position-14\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"South Sea Company (5 items)\">South Sea Company<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/consejos-financieros\/\" class=\"tag-cloud-link tag-link-164 tag-link-position-15\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Financial advice (5 items)\">Financial advice<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/criptomonedas\/\" class=\"tag-cloud-link tag-link-237 tag-link-position-16\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Cryptocurrencies (6 items)\">Cryptocurrencies<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis\/\" class=\"tag-cloud-link tag-link-88 tag-link-position-17\" style=\"font-size: 12.023952095808pt;\" aria-label=\"crisis (14 items)\">crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis-subprime\/\" class=\"tag-cloud-link tag-link-101 tag-link-position-18\" style=\"font-size: 10.095808383234pt;\" aria-label=\"subprime crisis (8 items)\">subprime crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/curso-de-finanzas-gratuito\/\" class=\"tag-cloud-link tag-link-594 tag-link-position-19\" style=\"font-size: 13.02994011976pt;\" aria-label=\"curso de finanzas gratuito (19 items)\">free finance course<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/economia\/\" class=\"tag-cloud-link tag-link-397 tag-link-position-20\" style=\"font-size: 11.185628742515pt;\" aria-label=\"economics (11 items)\">economy<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/empezar-a-invertir\/\" class=\"tag-cloud-link tag-link-38 tag-link-position-21\" style=\"font-size: 15.880239520958pt;\" aria-label=\"Empezar a invertir (43 items)\">Start investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/esquema-piramidal\/\" class=\"tag-cloud-link tag-link-255 tag-link-position-22\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"pyramid scheme (7 items)\">pyramid scheme<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/estados-unidos\/\" class=\"tag-cloud-link tag-link-172 tag-link-position-23\" style=\"font-size: 10.095808383234pt;\" aria-label=\"United States (8 items)\">USA<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/facebook\/\" class=\"tag-cloud-link tag-link-177 tag-link-position-24\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Facebook (5 items)\">Facebook<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas\/\" class=\"tag-cloud-link tag-link-31 tag-link-position-25\" style=\"font-size: 18.479041916168pt;\" aria-label=\"finanzas (88 items)\">finance<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas-personales\/\" class=\"tag-cloud-link tag-link-32 tag-link-position-26\" style=\"font-size: 16.718562874251pt;\" aria-label=\"Personal Finance (54 items)\">Personal finances<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inflacion\/\" class=\"tag-cloud-link tag-link-228 tag-link-position-27\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"inflation (5 items)\">inflation<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inglaterra\/\" class=\"tag-cloud-link tag-link-293 tag-link-position-28\" style=\"font-size: 8pt;\" aria-label=\"England (4 items)\">England<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-finanzas\/\" class=\"tag-cloud-link tag-link-166 tag-link-position-29\" style=\"font-size: 8pt;\" aria-label=\"finance books (4 items)\">finance books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-inversion\/\" class=\"tag-cloud-link tag-link-284 tag-link-position-30\" style=\"font-size: 8pt;\" aria-label=\"investment books (4 items)\">investment books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ltcm\/\" class=\"tag-cloud-link tag-link-127 tag-link-position-31\" style=\"font-size: 8pt;\" aria-label=\"LTCM (4 items)\">LTCM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mentoria-financiera\/\" class=\"tag-cloud-link tag-link-61 tag-link-position-32\" style=\"font-size: 13.02994011976pt;\" aria-label=\"financial mentoring (19 items)\">financial mentoring<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-argentino\/\" class=\"tag-cloud-link tag-link-126 tag-link-position-33\" style=\"font-size: 15.880239520958pt;\" aria-label=\"mercado argentino (43 items)\">Argentine market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-de-valores\/\" class=\"tag-cloud-link tag-link-35 tag-link-position-34\" style=\"font-size: 19.820359281437pt;\" aria-label=\"mercado de valores (128 items)\">stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-internacional\/\" class=\"tag-cloud-link tag-link-70 tag-link-position-35\" style=\"font-size: 22pt;\" aria-label=\"mercado internacional (233 items)\">international market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/meta\/\" class=\"tag-cloud-link tag-link-178 tag-link-position-36\" style=\"font-size: 8pt;\" aria-label=\"Meta (4 items)\">Meta<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/microsoft\/\" class=\"tag-cloud-link tag-link-231 tag-link-position-37\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"Microsoft (7 items)\">Microsoft<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/nasdaq\/\" class=\"tag-cloud-link tag-link-104 tag-link-position-38\" style=\"font-size: 8pt;\" aria-label=\"Nasdaq (4 items)\">Nasdaq<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/petroleo\/\" class=\"tag-cloud-link tag-link-383 tag-link-position-39\" style=\"font-size: 10.51497005988pt;\" aria-label=\"Oil (9 items)\">Oil<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/rusia\/\" class=\"tag-cloud-link tag-link-41 tag-link-position-40\" style=\"font-size: 8pt;\" aria-label=\"Russia (4 items)\">Russia<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/steve-jobs\/\" class=\"tag-cloud-link tag-link-175 tag-link-position-41\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Steve Jobs (6 items)\">Steve Jobs<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/tecnologia\/\" class=\"tag-cloud-link tag-link-391 tag-link-position-42\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Technology (11 items)\">Technology<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/value-investing\/\" class=\"tag-cloud-link tag-link-95 tag-link-position-43\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"value investing (5 items)\">value investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/wall-street\/\" class=\"tag-cloud-link tag-link-234 tag-link-position-44\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Wall Street (5 items)\">Wall Street<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/warren-buffett\/\" class=\"tag-cloud-link tag-link-69 tag-link-position-45\" style=\"font-size: 13.532934131737pt;\" aria-label=\"warren buffett (22 items)\">Warren Buffett<\/a><\/p>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Explore categories<\/h3>\n\n\n<ul class=\"wp-block-categories-list wp-block-categories\">\t<li class=\"cat-item cat-item-50\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/abril\/\">April<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-54\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/agosto\/\">August<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-77\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/\">Blog<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-78\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/consejos-financieros\/\">Financial advice<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-418\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/curso-de-finanzas\/\">Finance Course<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-58\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/diciembre\/\">December<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-46\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/\">Anniversaries<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-47\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/enero\/\">January<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-48\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/febrero\/\">February<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-30\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/finanzas-personales\/\">Personal Finance<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-53\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/julio\/\">July<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-52\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/junio\/\">June<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-49\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/marzo\/\">March<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-51\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/mayo\/\">May<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-29\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mercado-argentino\/\">Argentine Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-28\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mercado-internacional\/\">International Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-167\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/miscelaneo\/\">Miscellaneous<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-256\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/noticias\/\">News<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-57\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/noviembre\/\">November<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-27\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/\">Our services<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-56\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/octubre\/\">October<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-55\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/septiembre\/\">September<\/a>\n<\/li>\n<\/ul>\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>On November 17, 2010, Warren Buffett published an article in the New York Times titled &quot;Pretty Good for Government Work&quot; in which he thanked the government for its work in the dot-com crisis.<\/p>","protected":false},"author":2,"featured_media":6245,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[77,46,28,57],"tags":[101,70,69],"class_list":["post-4386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-efemerides","category-mercado-internacional","category-noviembre","tag-crisis-subprime","tag-mercado-internacional","tag-warren-buffett"],"_links":{"self":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/4386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/comments?post=4386"}],"version-history":[{"count":4,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/4386\/revisions"}],"predecessor-version":[{"id":6246,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/4386\/revisions\/6246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media\/6245"}],"wp:attachment":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media?parent=4386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/categories?post=4386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/tags?post=4386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}