I meant to publish this a couple of days ago. Warren Buffett commenting on the fact that Treasury Bills effectively pay no interest sent this email to his staff.

“This should be bullish for Berkshire. With great foresight, I long ago entered the mattress business in a big way through our furniture operation. Now mattresses have become fully competitive as a place to put your money, and sales will soon take off.”

Thank God not someone still has a sense of humor.