Opening Statement from the December 2012 Intelligent Investor (Part 4)

It has been more than three years since leaders from the G20 gathered in London to discuss solutions to the financial crisis and global recession. This meeting also called on experts to devise ways to prevent this catastrophe from ever happening again. Since that time, we have not seen an end to the financial crisis or the recession. Indeed, we have seen no evidence to suggest that the financial system is substantially safer today than prior to the financial crisis.