Comments on: Warren Buffett: we have to be sure all debt liabilities of Citigroup are met http://www.creditwritedowns.com/2009/03/warren-buffett-we-have-to-be-sure-all-debt-liabilities-of-citigroup-are-met.html Finance, Economics and Markets Fri, 10 Feb 2012 00:37:00 +0000 hourly 1 By: Edward Harrison http://www.creditwritedowns.com/2009/03/warren-buffett-we-have-to-be-sure-all-debt-liabilities-of-citigroup-are-met.html#comment-4236 Edward Harrison Mon, 09 Mar 2009 16:37:35 +0000 http://www.creditwritedowns.com/?p=6849#comment-4236 Terry, No, I think you are seeing something that we all are seeing. Buffett seemed a bit doddering in the interview, to be honest. I actually like Buffett a lot. I think Marshall is less partial to him and this interview demonstrates why. He is very much an insider and profits from that position. Nothing he says in public could ever be perceived as doubting the President or America. One has to wonder what he truly believes and says when not in front of the cameras. There is a certain incongruity between what he says and does regarding derivatives, corporate governance and a host of issues. Let's see where this leads in a year's time. A lot of people pilloried him in 2000 as well. Terry,

No, I think you are seeing something that we all are seeing. Buffett seemed a bit doddering in the interview, to be honest. I actually like Buffett a lot. I think Marshall is less partial to him and this interview demonstrates why.

He is very much an insider and profits from that position. Nothing he says in public could ever be perceived as doubting the President or America. One has to wonder what he truly believes and says when not in front of the cameras. There is a certain incongruity between what he says and does regarding derivatives, corporate governance and a host of issues.

Let’s see where this leads in a year’s time. A lot of people pilloried him in 2000 as well.

]]> By: Terry http://www.creditwritedowns.com/2009/03/warren-buffett-we-have-to-be-sure-all-debt-liabilities-of-citigroup-are-met.html#comment-4234 Terry Mon, 09 Mar 2009 13:14:11 +0000 http://www.creditwritedowns.com/?p=6849#comment-4234 Regrettably, I am finding the quaint comments and simplistic analogies offered by the "Oracle of Omaha" less and less insightful, useful, or even just entertaining. In part, it's because his own company is showing some of the same weakness as virtually every other company in America. Moreover, his remarks--maybe tailored for a simplistic CNBC couch potato audience--are so simplistic that they offer little understanding of what is going on or will likely go on in the economy and markets. His most recent letter to shareholders was somewhat better, a least a little more candid, but I didn't learn anything broader than about the performance and pitfalls of BRK last year. I guess, like a true oracle, Mr. Buffett's commentary is too subtle for most, including me, to understand. Regrettably, I am finding the quaint comments and simplistic analogies offered by the “Oracle of Omaha” less and less insightful, useful, or even just entertaining. In part, it’s because his own company is showing some of the same weakness as virtually every other company in America. Moreover, his remarks–maybe tailored for a simplistic CNBC couch potato audience–are so simplistic that they offer little understanding of what is going on or will likely go on in the economy and markets. His most recent letter to shareholders was somewhat better, a least a little more candid, but I didn’t learn anything broader than about the performance and pitfalls of BRK last year.

I guess, like a true oracle, Mr. Buffett’s commentary is too subtle for most, including me, to understand.

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