Well, as F. Scott Fitzgerald said, “the rich are different”. And Buffett, who most people think of as just a shrewd, but unassuming, Midwesterner, is really different, as this fascinating 2008 Daily Mail article makes abundantly clear. In addition to having “mommy issues” (no wonder he gets along so well with Barry!), his first wife pretty much just lost interest in him after 20 years of marriage, and not only permitted him to have a mistress, but actually picked one out for him (he married her after his first wife died). The most important thing to know about Buffett, however, is found at the tail end of this passage:
On Wall Street, Buffett struck people as a hick, and within their apartment block he had earned a reputation for tightfistedness.And now, Mr. and Mrs. American Taxpayer, he thinks you should be filling up the tank, while he shelters his jack in foundations and trusts – and hosts fundraisers for his socialist buddy.
He made a deal with a local newsstand to buy week-old magazines at a discount as they were about to be thrown away. He had no car, and when he borrowed that of a neighbour, he never filled up the tank [emphasis mine].
When it comes to specific investment advice, I’ll be glad to give Buffett my complete attention. But with respect to anything else – well, as Old Paco is fond of saying, opinions are like a$$holes: everybody’s got one.
And some people are one, and no amount of money is going to alter that fact.
10 comments:
From what I understand of buffet, he has no hemorrhoids, which makes him a perfect one..
OOPPS! buffett..
And most of them stink.
Yeah, Buffet is sucking up to Obama. That's like selling rope to the hangman.
For the price of a ticket to this
*a multitude of kids could have
been fed
*families could be housed
*inner-city neighborhoods could go
to day camp.
Guess the price to be in Obama's presence is priceless.
Deborah Leigh
when i discussed this with my sister, she agreed, that if she had that much money, she agreed with him
so i said fine.. go ahead and make the contribution if you feel you arent paying enough taxes.
she had no response
I think Buffet is an idiot savant at making money. His expertise in other areas is, well, lacking.....
I realized long ago and Mr. H and I would never be millionaires, because besides having a talent for making money, you have to have a peculiar lack of interest in most of the joys of life. Seems like all these multibillionaires come from unloving homes, and they themselves, while living large, don't really enjoy anything except making money. It isn't having the money, which would be the point for normal people. It's making the money that does it for them.
Rebecca: Very, very true.
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