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He is the most glorified and respected investor of all time. But he is also remarkably misunderstood by the general public. The myth of Warren Buffett is perhaps one of the greatest tricks ever played on the small investor.
Earlier this month, the Real World Economics Blog took votes on which economist should be blamed for blowing up the global economy. The winner of the aptly-named Dynamite Prize in Economics was Alan Greenspan. Milton Friedman claimed second place and Larry Summers came in third. Read on for the full results and to nominate economists for the next prize—the Revere Award in Economics for foreseeing the crisis.
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In the near future, you might not even have to visit a bank or an ATM to deposit a cheque. You'll simply snap a couple of photos of it with your mobile phone.
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