Warren Buffett sure drives a hard bargain. He exacts fantastic terms from the sellers when they are down and desperate. He puts his money where his mouth is by following his investment philosophy of being greedy when others are fearful. This makes him and Berkshire Hathaway shareholders a very happy lot. But what about the shareholders of the acquired companies? Or the CEOs of those com. Wouldn’t they feel being taken advantage of? Couldn't he showed them some compassion?
WB is the richest man in the world. He has already committed to giving most of his wealth to charity. So why does he still try so damn hard to make more money? Is there still a point for him to prove? Maybe he should use more of his heart than brain in his wheeling and dealing.
I think this is the best time for him to do some National Service. Resign as CEO of BH. Volunteer to be in a position that can help solve the credit crunch. Use his own money to help if need be. This way, he will leave a much better legacy.
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