Are you kidding me with this guy? Get off the TV already! Enough!
Is it me or has Warren Buffett made more television appearances lately than Ryan Seacrest? Today was a full court press with Warren on CNBC more than Erin Burnett. They asked him like 90 questions, he even sat there while they dissected every investment and trade he’s made since the summer of ’08.
What is his point, sitting there answering this stuff? Who cares? What does he care?
I don’t get it. He’s too old to be running for office…
Did the Obama guys set this up to divert attention away from the reception his budget and plan have gotten? You know Warren looooves him some Obama, so it’s very possible.
Look, Warren is one of the greatest investors of all time, but as has been very well-documented, this bear market has eviscerated Berkshire Hathaway like none other and has forced him to dump many decades-old holdings.
Since his full-page ad called “Buy America, I Am.“, the markets have been slaughtered even more, and now after sucking the faithful into stocks a few months back, he comes out and says, “The economy has fallen off a cliff”?
Why, with the price of his stock down 5% a day, every day, he wants to sit in a furniture store with Becky Quick rehashing every bad trade is beyond my comprehension.
Absence makes the heart grow fonder, Warren, so take a break and focus on your company.
This is all Too Much Information.