As of today, the only Chief Logging Evangelist in the world is no more. I have resigned from my position at LogLogic, effective October 9, 2008, which is today. Please don't contact me at the company email; use my personal email instead. My LinkedIn profile has been updated accordingly.

If you are curious, I still love logs. I really do. Logs are cute :-) You should love them too. And, it goes without saying, I will always remember that title, Chief Logging Evangelist, that I have created for myself. People did say that "Anton wakes up and thinks 'what else he can do today to make the world love logs?'" - it was pretty much like this. In fact, I think world does love logs a tiny bit more now and thus my mission of a logging evangelist has not been in vain.

I will be offline for the entire next week ("OMG, no blogging?" - "Nope, no blogging!") and you, my dear reader, will have to wait until October 20th to hear the news about ...

... where Anton is NOW!!!???

Yes, where is he? :-)

Talk to ya October 20th! The end always brings the new beginning ...

P.S. Please don't tell me that I have a penchant for dramatic. I know :-)

Charlie Rose:  
And so when you look at where we are going, there seems to be two issues that are apparent to me at least, risk and leverage.  We just lost sight of risk and leverage of what was appropriate?

Warren Buffett:  
Yeah.  Again, because it pays off for a while.  You know, you can lose leverage, and it's the only way a smart guy can go broke.  If you owe money, you can't pay them out.  You just pay for everything, you do smart things, you eventually get very rich.  If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero.  But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.  I mean you know at midnight everything is going to turn to pumpkins and mice; right?  But if the evening goes along, I mean, you know, the guys look better all the time, the music sounds better, it's more and more fun, you think why the hell should I leave at quarter of 12.  I'll leave at two minutes to 12.  But the trouble is, there are no clocks on the wall.  And everybody thinks they're going to leave at two minutes to 12.

Charlie Rose:  
And should wise people have known better?

Warren Buffett:  
People should always know better.

Charlie Rose:  
Yeah.

Warren Buffett:  
I mean people -- people don't get -- they don't get smarter about things that get as basic as greed and you can't stand to see your neighbor getting rich.  You know you're smarter than he is, and he's doing these things, you know, and he's getting rich, and your spouse is getting unhappy with you because you aren't doing -- pretty soon you start doing it.  And so you get what I call the natural progression, the three Is.  The innovators, the imitators, and the idiots.  And that's what happens.  Everybody just kind of goes along.  And you look kind of silly if you disagree.  I mean, you know, you could have these crazy Internet valuations in the late 1990s, but they prove themselves out in the market.  The next day they were selling for more than they were the day before, and people said, you know, you're crazy if you don't get in on this.  So it's very human.  Now, with housing it's something even more dramatic than that, because most people aspire to own their own home.  And if you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.  That's not true of an Internet stock.  But it's true of a home.  And when somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right.  You have what they call social tools, and, you know, you're going to feel like an idiot if you didn't do it, because the house cost more.

Warren Buffett:  
Oh, I think confidence will come back.  I will tell you this.  This country is going -- be living better ten years from now than it is now.  It will be living better in 20 years from now than ten years from now.  The ingredients that made this country, you know, the miracle of the world -- I mean we had a seven for one improvement in the average American standard of living in the 20th century.  Now, we had the great depression, we had two world wars, we had the flu epidemic.  You know, we had oil shock.  You know, we had all these terrible things happen.  But something about the American system unleashed more and of a potential to human beings over that hundred years so that we had a seven for one improvement in -- there's never been any -- I mean, you have centuries where if you've got a 1 percent improvement, then it's something.  So we've got a great system.  And we've got more productive capacity now than we ever have.  The American worker is more productive than he's ever been.  We've got more people to do it.  We've got all the ingredients for a sensational future.  It's just that right now the athlete's on the floor.  But we -- this is a super athlete.

Since its birth 12 years ago after a fatal kidnapping in Texas, Amber Alert has quickly become one of the best-known tools in the national law enforcement arsenal. The warnings are familiar to anyone who watches cable TV news, especially during the summer, when the drumbeat of abduction stories seems to increase. Last year, 227 alerts were issued nationwide, each galvanizing interest in the local community and flooding police with tips. While the particulars of the state systems differ, the goal is the same: to disperse news of a kidnapping as widely and quickly as possible, in the hope that someone will spot the kidnapper before a child is harmed.

The program's champions say that its successes have been dramatic. According to the National Center for Missing and Exploited Children, more than 400 children have been saved by Amber Alerts. Of the 17 children Massachusetts has issued alerts on since it created its system in 2003, all have been safely returned.

These are encouraging statistics -- but also deeply misleading, according to some of the only outside scholars to examine the system in depth. In the first independent study of whether Amber Alerts work, a team led by University of Nevada criminologist Timothy Griffin looked at hundreds of abduction cases between 2003 and 2006 and found that Amber Alerts -- for all their urgency and drama -- actually accomplish little. In most cases where they were issued, Griffin found, Amber Alerts played no role in the eventual return of abducted children. Their successes were generally in child custody fights that didn't pose a risk to the child. And in those rare instances where kidnappers did intend to rape or kill the child, Amber Alerts usually failed to save lives.