greedcanbgood

Enough with the Buffett Critics

You know, I'm not a big fan of Buffett but you make some great points. I love this comment from strawdog, "Buffett is an opportunist and yes his primary concern is to himself and his shareholders." Isn't that a good trait for a CEO? Lest we forget that BH is not a non-profit organization. It's shareholders are counting on them to do well. Lets not also forget that one of his biggest positions (USB) didn't want or need the TARP finds and were among the very first to pay it back.

If the Fed and the Treasury needed his image, then so be it. Much of the market today is based on preception. You can argue whether not that that's a good thing but it's much bigger than Buffett himself.