Warren Buffett Mr. Warren Buffett knows [above] Technology innovation is an important metric for assessing a country's intellectual power and success. In this regard, Israel has surpassed Turkey by such a vast margin, it's humiliating for backward Turkey. For example, Israel has more technology companies  listed on the prestigious NASDAQ than any other country, except the US. Companies in Israel - NASDAQ.com Number of turkey companies listed on NASDAQ: Zero. Not even one. In fact, the Istanbul Stock Exchange is even experiencing difficulty in listing turkey companies Istanbul stock exchange faces struggle in IPO campaign | beyondbrics | News and views on emerging markets from the Financial Times The defunct ottoman empire, destroyed in World War I, was derisively called The Sick Man of Europe. Clearly, the pitiful remnant of the Sick Man of Europe is the sick turkey.