SteveR

Enough with the Buffett Critics

Dan,
Excellent article! I had a similar response to the Buffet Betrayal article. It sort of pushed me over the edge for a couple hours. I never could have articulated the points as well as you, so kudo's to you for that.

I love this, "while researching the company, I was shocked how few companies there are that replicate Buffett’s business principles".

The analogy I use is this. It's as if I am watching a basketball game in the 50's with Bob Cousy and the guys doing set shots and pivot moves and then Michael Jordan joins in and does these amazing dunks and moves and everybody stands around saying how crappy he is and keeps on working on their set shots, unbelievable.

I will offer a couple of my favorite CEO's that are close to Buffet but I still agree Buffet is the all time best. Both of them work for under 100K. One is Jim Sinegal at Costco. Both Buffet and Munger have given him praise in the past. The other is John Mackey at Whole Foods. I realize I am going to get ripped apart for this one, but much like Buffet, he is misunderstood after the whole yahoo board incident. I think Mackey's circle of care extends beyond Buffet's at the corporate level. He integrates the shareholders, employees, customers and suppliers. He is the most integral CEO on the planet IMHO.