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Charlie Munger, the long time partner of Warren Buffet, just released a new parable. Since Buffet and Munger are part of the most famous investors in the world, I would take this parable quite seriously. Charlie Munger is known for writing parables to educate investors. His sharp and concise views can be seen as shocking, but I would not discard parables from best of class fund managers, it shows a part of how they think.
You can find the story entitled 'Basically, It's Over' on slate: http://www.slate.com/id/2245328/pagenum/all/ .
While reading it, remember this post 'Bankers = Support Desk?' , the similarities are quite striking between Sorrowland and added value created by a supporting Banking Industry that takes you for ransom.
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