RE: Sort of like what Soros did to the British Pound and other currencies to pocket billions.
I am an investor of Berkshire ( have been for years ) and this is one of my BEST investments.
Although I don’t agree with Buffet’s politics, I have not yet seen him act like the vulture Soros is. Buffet does not buy a company only to dump it quickly for short term or immediate gains. He does it because the company has a good business, provides useful products or services and has good long term value.
I would also say that he does not destroy a business. He wants to nurture it and see it do well.
Please don’t misunderstand, I am not equating Buffett to Soros in any way.
Just suggesting, sort of tongue and cheek, that he use his resources to knock the stock or entire market temporarily down so he can pick up another crown jewel.
Congratulations on your foresight with BRK. I missed the boat on that unfortunately. Maybe it’s not too late?
Oh yes, uncle Warren is such an ethical person. He would never commit fraud on a grand scale like engaging in fraudulent mortgage security ratings:
http://www.mcclatchydc.com/news/politics-government/article24559855.html
He would never crash a market and then pick up assets at firesale prices:
He presents himself as the epitome of traditional investment, but his actions prove him the consummate insider. The difference between the oracle and Soros is that Soros destroys countries, while Buffett targets American families—converting homeowners to renters has proven extremely profitable. Prophecy is much easier when you are able to directly influence the market on a scale unimaginable to the regular (or ethical) investor.