THE TRUTH ABOUT DAVOS: It's The Super Bowl Of Schmoozing!

Last year, on American television, Jon Stewart shredded the goings-on at the World Economic Forum here in Davos as "an orgy of self-congratulatory excess."

That was a funny and fair characterization-at least the orgy part. But no one here was watching. Because we were too busy getting smashed.

You see, nighttime in Davos is when the real schmoozing begins.

First, there are the cocktail parties.

Then there are the dinner parties (with cocktails).

Then there are the after-dinner parties (with cocktails).

Then there are the after after-dinner parties (with cocktails).

Then there's the piano bar at the Hotel Europe (with cocktails) where, a couple of years ago, Mark Zuckerberg's sister Randi got up and started singing (watch video here).

The epicenter of all this partying is the Hotel Belvedere. The following pictures and story are actually from a few years ago, but I went to a party at the Belvedere two nights ago, and it was just the same.