Warren Buffett and Charlie Munger, explaining at the Berkshire Hathaway 2001 annual meeting why they sold their stake in Freddie Mac: Buffett - "We felt uncomfortable with certain aspects of the business as they developed... We did not sell because we were worried about more governmental regulation -- the opposite if anything. We felt the risk profile had changed." Munger - "Maybe it's unique to us, but we're quite sensitive to financial risks."