"America has had no shortage of challenges. Without fail, however, we've overcome them. In the face of those obstacles - and many others - the real standard of living for Americans improved nearly seven-fold during the 1900s, while the Dow Jones Industrials rose from 66 to 11,497. Compare the record of this period with dozens of centuries during which humans secured only tiny gains, if any, in how they lived. Though the path has not been smooth, or economic system has worked extraordinarily well over time. It has unleashed human potential as no other system has, and it will continue to do so. America's best days lie ahead."
-Warren Buffett, 2009 Letter to Shareholders
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