10 Reasons why the rich hate Warren Buffett
Post on: 6 Август, 2015 No Comment
1. Buffetts favorite food is
2. Buffett has pledged most of his wealth to charity
If we, the rich, go bankrupt, you Mr. Buffett, will be solely to blame.
3. Buffetts kids wont get to run Berkshire Hathaway
Since Buffett has pledged most of his wealth towards philanthropic causes, that leaves his kids very little, relatively speaking. None of Buffetts kids will get to rule over Berkshire Hathaway after him.
Both the Murdoch family and the Walton family strongly disapprove of this practice.
4. Warren Buffett pays less taxes than his secretary
Good for you Mr. Buffett! The fact is we do too, but we dont brag about it. Did you really have to say that out loud?
5. Warren Buffett is asking the US to tax him more!
When companies like Blackwater and Haliburton are moving overseas to escape the heavy burden of US taxes, you are asking for a tax rate as high as your secretarys? Are you nuts. Mr. Buffett, dont destroy everything weve worked so hard for.
6. Buffett doesnt stand by his closest friends
The friendship between Buffett and Gates is legendary and almost natural. Two of the worlds wealthiest men, both democrats, both share similar interests Yet, Buffett didnt invest a penny in Microsoft stock. Despite Microsoft being one of the largest, wealthiest corporations in the world and despite Gates insistence, Buffett decided to pass. photo
Gates sobbed silently that night.
Youve let down your family *and* friends Mr. Buffett.
7. Buffett is dismissive of gold
For someone with such staggering amount of wealth, you would think he would love this precious metal. But this is what Buffett had to say about Gold:
It gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Seriously Mr. Buffett? Mars?
8. Buffett is a hypocrite
In his 2002 Annual Report. Buffett called derivatives as financial weapons of mass destruction, yet invested in Goldman Sachs, the masters of derivative trade!
9. Buffett refuses to stimulate the economy
Buffett could hire a hundred chauffeurs if he so wished, yet insists on driving by himself. Needless to say the Sit-tight Chauffeur Association of the Rich and the Famous (S.C.A.R.F) are not pleased. They have mouths to feed and bills to pay.
10. Buffett is an anachronism
Richard Branson of the Virgin Group is building a spaceship for sub-orbital flights, Jeff Bezos of Amazon is building a space facility and was recently awarded a grant by NASA, Sergey Brin is investing in Space Adventures, that pioneered space tourism for the rich and wealthy.
When asked to comment, an anonymous rich, while waiting for his valet to fetch his Bugatti, had this to say about Buffetts contrarian play :
I dont want to dignify that with a comment