Summary
It is one thing to be admired. It is quite another to be trusted. As I thumbed through the recent edition of Fortune magazine featuring the world's richest people, with all the attendant embarrassment of riches, I thought I heard the strains of the "Sesame Street" song, "One of these things is not like the other." Indeed, there is at least one person on the list that keeps company with the rest on the basis of net worth, but in many ways is a breed apart. That person is Warren Buffett.
Warren Buffett is the third-richest person in the world. He is the 80-year-old chairman and CEO of Berkshire Hathaway, a corporate conglomerate with holdings in such things as railroads, candy, insurance and furniture. He is a genius in the public mind and rightly so. His track record is astonishing. But I don't think that's the story -- at least not the most important story.See the full content of this document
Extract
Why We Trust Warren Buffett
Buffett is embroiled in a bit of controversy at the moment. One of his chief lieutenants abruptly resigned after purchasing shares in a company that Berkshire Hathaway subseq...
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