Posts Tagged ‘Celebrity’

Can Celebrity Investors Save the Day?

Wednesday, September 24th, 2008

With the influence and power that American investors have it’s no wonder that a significant investments will stimulate economic growth moreso than any reported ‘bailout’. Proof in the pudding is the jump that Goldman Sachs received after a very public investment from Warren Buffett - one of the country’s most notoriously effective investors.

Buffet Reportedly invested $5 Million into Goldman Sachs in his first appearance to Wall Street in nearly 20 years. Shortly after his investment was made public, shares of Goldman Sachs jumped significantly proving once again that the media significantly influences the market. What if the economy could be saved through more public investments from other celebrity members of the Forbes list.

Seems like if more public Rich Guys would make the effort, this economic turmoil may just pick itself out of the gutter. By their example many people will have the ‘Vote of confidence’ they need to start making much needed investments. If we’re lucky, they may even be able to inject some of that confidence into the badly bruised Real Estate market.

Since rationality is out of the question we could fool the public into believing that they’re land is still just as valuable a home as it was just one year ago. That their 2000 square foot home in the suburbs is just as capable of housing a family as when they bought it. Maybe if celebrity investors set an example that could reach the inboxes and news feeds of the public, then the widespread panic could dissipate.

So let’s hope that the Titans of Wall Street see the financial Bat-Signal (Buffet-Signal?) and take the call. Here’s hoping a series of high profile investors start making headlines day in and day out, rather than the doomsday story we currently hear. Maybe the system may just correct itself and we’ll be rescued from this downward spiral of nothingness.

I can promise you this. If I were a celebrity I would take it as my duty to alert the public of the benefits they have. I would call the media out on their pessimism and force them to look at the true economic value that we as a people possess. Maybe then we’ll see credit back in the hands of normal people, and homes void of “Foreclosure” signs and all that come with them. I leave you with a mash up of a once famous quote I say,

“Help me Wall Street Celebrities, you’re our only hope.”