4 ms·

He's defending those $5 billion invested in GS.

• wtn 16y ago
  Yep just like he defends his investment in Moody's Investors Service.
• steveklabnik 16y ago
  Probably not. As cynicalkane says above, Buffett is known for for his personal integrity, and he's not going to throw that away for $5billion.
  • fleitz 16y ago
    $5 billion is only whats directly invested in GS. With a book as big as Buffet has and the interconnected web of finance GS going down hard could have repercussions to his portfolio of a far larger magnitude.
  • rdtsc 16y ago
    > Buffett is known for for his personal integrity... Aside from this cult followers claiming that, I only see a one of the most successful businessman in the world. One could equally have a psychopathic, dishonest, thief as the most successful businessman in the world. I guess, I would be more convinced of his "integrity" if he actually criticized GS or Moody's, while he still holds large investments in those firms.