Le marché 'Twinkie'

Hostess Twinkies make childhood happier with totally artificial ingredients. The market has been made happier by government manipulation. 0% interest rates, Mortgage Lending Programs, Cash for Clunkers, TARP, etc...I'm worried to this day about what would happen if all the manipulation wasn't happening... And it's continuing with the European bailouts. It's as if the Government is in business to give bad financial advice and force unsophisticated (and sophisticated) investors to speculate.

-Seth Klarman, investisseur légendaire