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To: Liz; Grampa Dave; All
Although he is known for multi $billion returns on investments in Coca-Cola, The Washington Post, Gillette and other concerns, Berkshire is an Omaha holding company that owns major insurers
IMHO Buffett's entertaining Jim Thorpe all American investor persona serves merely as a "front" to obfuscate the true source of his wealth - selling insurance. It's my admittedly limited understanding of insurance that all roads eventually lead to "names" placing bets with Lloyds of London.
26 posted on 10/07/2008 9:51:32 AM PDT by Milhous (Ask me about my Anger Management Disorder.)
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To: Milhous; abb; Liz; SierraWasp; BOBTHENAILER; tubebender

i have referred to Buffet over the years as the Whoreacle of Omaha.


27 posted on 10/07/2008 9:57:35 AM PDT by Grampa Dave ( I do not want to know the type of person, who does not like Sarah !)
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