Ira Stoll on Warren Buffett's Lame Attack on Whole Foods
That clanging sound you heard coming from Omaha this weekend was the noise of Warren Buffett's comments at the 50th anniversary Berkshire Hathaway shareholder meeting colliding with reality. "I don't see smiles on the faces of people at Whole Foods," Buffett said, referring to changing consumer attitudes towards sugar and the alleged risks those attitudes pose for investors. But as Ira Stoll explains, Buffett's negative take on Whole Foods is nonsense for multiple reasons.
