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by sbaqai 5532 days ago
Here's a direct link to the audit committee report: http://www.berkshirehathaway.com/news/APR2711.pdf

The NYT article is inflammatory, makes factual errors, and is even a bit trollish at times. A simple analysis or opinion piece would have been fine.

"Since then, Buffett has been subject to criticism of a kind he has never before faced."

“'It makes you question Warren’s judgment,'” - author who happens to have a new Warren Buffet book out.

"What moved him to pre-emptively clear Sokol, who had so clearly violated Berkshire’s code of conduct, of wrongdoing? What does that tell us of possible flaws in Buffett’s character?"

"He often buys companies with very little due diligence;"

"His board is made up primarily of cronies"

Yeesh

1 comments

"He often buys companies with very little due diligence;" that doesn't sound like Buffet at all. If everyone who bought stock, CDSs, and other complex financial instruments did as much diligence as Buffet everyone in finance would still think a TARP is something you use to protect things from the elements.