Value manager Bob Goldfarb does not see a repeat of the 1930s thanks to Bernanke

I do not believe we are going to revisit the 1930s. Bernanke is a student of the '30s and his policy responses are a reflection of his deep knowledge of the '30s.  So I do not think we are going to see a replay of the 1930s.

~ Bob Goldfarb, Lead Manager of Sequoia Fund, Ruane, Cunniff & Goldfarb Investor Day, St. Regis Hotel, New York City, May 17, 2013