Skip to search.

Warren Buffett's 'Fundamental Weakness'

Posted Mar 04, 2009 02:56pm EST by Aaron Task in Investing, Newsmakers, Recession, Banking
Related: BRK-A, BRK-B, ^DJI, ^GSPC, GS, DIA, BBY
Warren Buffett made headlines and raised eyebrows last October with his bold "Buy American, I Am" op-ed in The New York Times.

Since then, Buffett has come under criticism for:

  • Being early on his bullish call: Even after today's rally the Dow is down about 23% since his NYT piece on Oct. 16.
  • Not putting his money where hits mouth is: Buffett was a big buyer of stakes in GE, Goldman Sachs and Wrigley's in late 2008, but those were preferred shares with terms only available to him, not common shares like for the rest of us.

Jeff Matthews, founder of Ram Partners and author of Pilgrimage to Warren Buffett's Omaha, addresses those critiques in the accompanying video, the second of our two-part discussion about Buffett. (Click here for part one.)

The hedge fund manager also tackles the thorny issue of how much of a "Buffett premium" is built into Berkshire Hathaway, and whether that stock really is cheap after its own slide.

Investor's devotion to Buffett will be on display at Berkshire Hathaway's annual meeting in early May. In anticipation of the event, Matthews is holding a contest for the best questions for Warren Buffett at his blog: Jeff Matthews Is Not Making This Up.

Go to Tech Ticker

There are no comments yet

Post a comment

Sign in to post a comment, or Sign up for a free account.
Quotes delayed, except where indicated otherwise. Delay times are 15 mins for NASDAQ, NYSE and Amex. See also delay times for other exchanges.

Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. Fundamental company data provided by Capital IQ. Financials data provided by Edgar Online. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. Analyst estimates data provided by Thomson Financial Network. All data provided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.