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Conde Nast Portfolio has a good piece entitled “The Other Buffett's Recession Strategy,” in which it looks at how the Buffett not named Warren is dealing with economic hard times.

Jimmy Buffett, described as “the king of easy living, is set to do well in this recession. He's the first to tell you he sells escapism, allowing his audiences to forget their job insecurity, slumping home values, the market, and instead parachute into paradise for a little while.”

His advice? “In down times like these, with companies laying people off, it's important for people to find and focus on their niche, he said.” And, "If life gives you limes, make margaritas."
KC's View:
“Find and focus on your niche.” Doesn’t sound like much of a lyric, but it sure does sound like good advice.