One of the highlights of the year in the financial world is invariably Warren Buffet's letter to the Shareholders of Berkshire Hathaway. It is always thoughtful, open, candid and enlightening. The recently released 2009 letter is no different. Specifically the letter talks about Clayton Homes and the housing industry generally. Here is an excerpt:

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The Los Angeles Times reported the following:

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According to the Honolulu Advertiser the Makena Resort, including the Prince Hotel, two golf courses and 1200 undeveloped acres will be heading for the auction block in April. How did we get here?

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