Ira Stoll on Warren Buffett’s Economic Confusion
Credit: Whitehouse.govWarren Buffett, the CEO of Berkshire Hathaway and
one of the richest men in the world, put out his annual letter to
shareholders over the weekend. It got a lot of press attention, but
as Ira Stoll observes, as is often the case with Buffett, even in
the newspapers that he does not own, the attention was so
worshipfully deferential that it ignored a glaring contradiction in
the letter.
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