WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Thursday, November 28, 2013

Warren Buffett: Detroit has 'huge potential,' might invest himself

An all-star lineup of business and political leaders pitched entrepreneurship as the key to Detroit’s comeback today at the rollout of Goldman Sachs’ 10,000 Small Businesses program in the city.

Speaking at a Ford Field news event were famed investor Warren Buffett, Gov. Rick Snyder, Goldman Sachs CEO Lloyd Blankfein, Mayor Dave Bing and U.S. Sen. Debbie Stabenow, D-Mich., plus three Michigan congressmen and assorted others.

The message: Detroit’s past industrial greatness is the base upon which a new generation of entrepreneurs will build a new economy.