Buffett's 2010 Letter To Shareholders

ZeroHedge ^ | 2/26/2011 | Tyler Durden

[FromLori]

For those who care what the man whose corporate existence is intimately tied to the government's bailout of the financial system, has to say, below we present Buffett's 2010 letter to shareholders.

The only section that is relevant to us, and which continues to demonstrate why Berkshire is a walking moral hazard (contrary to his conedmnation of financial weapons of mass destruction), is the disclosure on derivatives.

[FromLori]

Another government welfare queen who is also an obama supporter.

[FromLori]

Buffett’s Betrayal

[Prokopton]

I see Buffet in the class as a union leader.

[Prokopton]

I see Buffett in the same class as a union leader.

[FromLori]

I never thought of it that way I usually just think of him as a welfare queen but yes thinking of it a union leader is another good one. It ticks me off all those people who donated so heavily to obama are now sitting pretty because of the bail outs.

Buffett cleans up on derivatives bet

[A Strict Constructionist]

“[conedmnation] of financial weapons of mass destruction”

We know why they worry about us clinging to our bibles and guns when they are the ones setting off the nukes that will destroy the country.

[A Strict Constructionist]

It’s never a bet when you control the odds.