Warren Buffett

Would Super Rich Impress America's Founders?

No.: 
74

David Weidner provides a valuable public service in his insightful fictional account of Warren Buffett’s creeping (moral) blindness. Making billions — tick, tick, tick — by sleeping with the enemy is no American ideal. Seeking to prosper justly in ways constructive to the nation’s sustainable well-being and economic independence is a laudable ideal — an ideal that Buffett, perhaps, is forgetting as he tries to explain away some of Wall Street’s sins.

What Warren Buffett Could Have Done

No.: 
4

Warren Buffett missed a great legacy opportunity yesterday when he placed a five billion dollar bet on Goldman Sachs. Buffett said he was betting on brains. He said his move was conditioned on his confidence that the 700 billion dollar government bailout would occur. Buffett put more than money on Goldman Sach’s table. He left a cryptic message that Wall Street brains will get the better of the U.S. Congress and the American taxpayer. In less than code language he conveyed his intention to capitalize on any resultant surge in the valuation of investment banks.

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