Daily Archives: May 6, 2010


How Buffett Shocked at Berkshire’s Annual Meeting

Follow this link to the article on Motley Fool.

I link to this article particularly for the remarks that Warren Buffet made in defense of Goldman Sachs.  When I heard him make these remarks while I was watching Nightly Business Report, I was shocked.  I still don’t know what to make of it.

I know that Warren Buffet is lionized in investing circles.  However, his life story doesn’t necessarily assure you that he only operates on the highest ethical plain.

He does seem to be saying that if not prevented by regulation, he is perfectly happy to engage in some sharp business practices.