4 ms·

What's the worst he's done?

1019210 10y ago
https://www.fool.com/investing/general/2013/11/17/warren-buffetts-secret-he-was-a-shoplifter.aspx https://www.fool.com/investing/general/2013/11/17/warren-buf...
stagbeetle 10y ago
Off-hand, I can't give specifics. Lehman is one situation that comes to mind. Another, not WS-based, is that he disowned his granddaughter for talking about the family in a documentary about the ultra-rich.
- techer 10y ago
  Not a blood granddaughter. Just for your information. I'm not making a judgement either way.
- anamoulous 10y ago
  Here is more info regarding the granddaughter. I would encourage anyone to read it as this situation is more complicated than it seems: http://www.reuters.com/article/us-wealth-buffett-idUSN2040437020080221 http://www.reuters.com/article/us-wealth-buffett-idUSN204043...
- valuearb 10y ago
  He sure supported that girl with a great deal of money. Despite her not being a blood relative, and growing up in another family.
p4db 10y ago
I do not know what the worst is that he has done. For sure he and his business partners tried to strongarm the german city / community of Egelsbach to sell it's airport (Germany's largest small airplane airport, near Frankfurt/Main) to him. The aim was to expand the airport, at the expense of the inhabitants. The upside would have been 1-10 jobs, the downside a lot of noise and reduced price of property and life quality. A lot of intransparent things were going on, fortunately it seems that things came to a halt. It's business. I would not believe the image of a business man of his class. [Disclaimer: I live in Egelsbach, Germany, and I have followed the case with great concern.] Additional source (in German): https://de.wikipedia.org/wiki/Flugplatz_Frankfurt-Egelsbach https://de.wikipedia.org/wiki/Flugplatz_Frankfurt-Egelsbach
- argigg 10y ago
  Surely the main upside of expanding an airport wouldn't be "1-10 jobs", it would be increased transportation and commerce?
- skybrian 10y ago
  It sounds like NetJets bought 80% of shares in the airport [1]. Who did they buy it from? (I assume they were willing to sell?) [1] http://www.juve.de/nachrichten/deals/2009/05/net-jets-uebernimmt-mehrheit-am-flughafen-egelsbach http://www.juve.de/nachrichten/deals/2009/05/net-jets-uebern... Translated: https://translate.google.com/translate?hl=en&sl=de&u=http://www.juve.de/nachrichten/deals/2009/05/net-jets-uebernimmt-mehrheit-am-flughafen-egelsbach&prev=search https://translate.google.com/translate?hl=en&sl=de&u=http://...
- valuearb 10y ago
  So a subsidiary wanted to expand an airport they use. What's the big deal?
- deleted 10y ago
  [deleted]
ryan0x00 10y ago
here's one off the top of my head. Musk vs. Buffett: The Billionaire Battle to Own the Sun - https://www.bloomberg.com/features/2016-solar-power-buffett-vs-musk/ https://www.bloomberg.com/features/2016-solar-power-buffett-...
- valuearb 10y ago
  So he's a bad guy because a subsidiary wanted solar owners to pay fair costs for grid access? Does anyone even think he's aware of this decision?

1019210 10y ago

https://www.fool.com/investing/general/2013/11/17/warren-buffetts-secret-he-was-a-shoplifter.aspx https://www.fool.com/investing/general/2013/11/17/warren-buf...

stagbeetle 10y ago

Off-hand, I can't give specifics. Lehman is one situation that comes to mind. Another, not WS-based, is that he disowned his granddaughter for talking about the family in a documentary about the ultra-rich.

techer 10y ago
Not a blood granddaughter. Just for your information. I'm not making a judgement either way.
anamoulous 10y ago
Here is more info regarding the granddaughter. I would encourage anyone to read it as this situation is more complicated than it seems: http://www.reuters.com/article/us-wealth-buffett-idUSN2040437020080221 http://www.reuters.com/article/us-wealth-buffett-idUSN204043...
valuearb 10y ago
He sure supported that girl with a great deal of money. Despite her not being a blood relative, and growing up in another family.

p4db 10y ago

I do not know what the worst is that he has done. For sure he and his business partners tried to strongarm the german city / community of Egelsbach to sell it's airport (Germany's largest small airplane airport, near Frankfurt/Main) to him. The aim was to expand the airport, at the expense of the inhabitants. The upside would have been 1-10 jobs, the downside a lot of noise and reduced price of property and life quality. A lot of intransparent things were going on, fortunately it seems that things came to a halt. It's business. I would not believe the image of a business man of his class. [Disclaimer: I live in Egelsbach, Germany, and I have followed the case with great concern.] Additional source (in German): https://de.wikipedia.org/wiki/Flugplatz_Frankfurt-Egelsbach https://de.wikipedia.org/wiki/Flugplatz_Frankfurt-Egelsbach

argigg 10y ago
Surely the main upside of expanding an airport wouldn't be "1-10 jobs", it would be increased transportation and commerce?
skybrian 10y ago
It sounds like NetJets bought 80% of shares in the airport [1]. Who did they buy it from? (I assume they were willing to sell?) [1] http://www.juve.de/nachrichten/deals/2009/05/net-jets-uebernimmt-mehrheit-am-flughafen-egelsbach http://www.juve.de/nachrichten/deals/2009/05/net-jets-uebern... Translated: https://translate.google.com/translate?hl=en&sl=de&u=http://www.juve.de/nachrichten/deals/2009/05/net-jets-uebernimmt-mehrheit-am-flughafen-egelsbach&prev=search https://translate.google.com/translate?hl=en&sl=de&u=http://...
valuearb 10y ago
So a subsidiary wanted to expand an airport they use. What's the big deal?
deleted 10y ago
[deleted]

ryan0x00 10y ago

here's one off the top of my head. Musk vs. Buffett: The Billionaire Battle to Own the Sun - https://www.bloomberg.com/features/2016-solar-power-buffett-vs-musk/ https://www.bloomberg.com/features/2016-solar-power-buffett-...

valuearb 10y ago
So he's a bad guy because a subsidiary wanted solar owners to pay fair costs for grid access? Does anyone even think he's aware of this decision?