Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

Warren Buffet’s folksy charm wears thin

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I couldn’t let February slip without posting my impressions from his annual letter to Berkshire Hathaway shareholders.

His hubris of telling America in mid October to “buy America” while he unloaded shares of Johnson & Johnson and Proctor & Gamble that quarter is, shall I say, discongruent with his outward persona of “investor’s best friend.”

Ditto his advocacy of government bailouts and interference in the credit markets last year.

More later…


Written by heyercapital

February 28, 2009 at 11:49 pm

Posted in Uncategorized

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