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I've never said that Buffett or Munger were great minds. In fact, they're hypocrites and, as you say, they ran an insurance scam. The point that I'm illustrating is in the headline: Change comes when we figure out a way to make OUR problems THEIR problems.

For example, the governor of Massachusetts started cracking down on drunk driving after his daughter was hit. This was everyone's problem, but it wasn't a problem he cared about until daddy's little princess was affected.

Another example: a senators daughter went off to college and would buy lunch from the cafeteria every day with her debit card. However, to avoid multiple transaction charges, the school would pile up the charges until the last day of the month. So the little bimbo called her daddy crying when each purchase past her funds was slapped with a $30 overdraft fee.

So what happened? Daddy passed a law that banks could only charge ONE overdraft fee per account, and NOT per transaction. Again, this is a reality that millions of Americans dealt with for DECADES ... until it affected daddy's little girl.

Again and again, NOTHING CHANGES until OUR problems become THEIR problems!