3 ms·
Buffet is not a good guy. Our society’s greatest problem right now is concentrated corporate power being used to destroy the ability of working people to prospe
by CPLX 9mo ago
Buffet is not a good guy. Our society’s greatest problem right now is concentrated corporate power being used to destroy the ability of working people to prosper.
Buffet had an active and direct role in making this happen. He supported and advocated for monopoly, and profited from it.
He lived a lavish life that included opulent mansions and private jets, and used his resources to deftly drive a media narrative of himself as a regular guy, with apparent success as your post demonstrates.
- gbacon 9mo agoWhich “opulent mansions”?
- gnopgnip 9mo agoThe 6000 sq ft home in Omaha. The $10m+ home in Laguna Beach. Plus purchasing the home next door as overflow
- JKCalhoun 9mo agoThat actually sounds pretty meager considering his wealth.
- tstrimple 9mo agoFunny how the goal posts shift. From modest house in Omaha to multi-million dollar property in Laguna Beach. If more properties are revealed are those "pretty meager" too? It's amazing the degree to which normal people will simp for billionaires.
- JKCalhoun 9mo agoSince I hadn't established any goal posts, I couldn't have shifted them. But I get your point. I'm happy to make billionaires illegal by taxing them back to being millionaires, but to try and hoist Warren Buffet up as the problem ignores the much, much worst offenders out there.
- sizzzzlerz 9mo agoHe lives in the same home in Omaha that he had in the 60's. BH does not own any corporate jets but they do own NetJets that sells/leases fractional shares of their jet fleet of which Buffet uses for his travel.
- sokoloff 9mo agoThey did directly own/operate aircraft in the past as well, as disclosed in letters to investors. https://sentinel-aviation.com/blog/warren-buffett-nicknamed-his-private-jet-the-indefensible-then-renamed-it-the-indispensable-after-realising-its-value/ https://sentinel-aviation.com/blog/warren-buffett-nicknamed-...
- monero-xmr 9mo ago[flagged]
- throwaway85825 9mo agoIt's very obvious that some of the lesser plutocrats have public PR campaigns now. Zuck obviously got a stylist too.
- DrewADesign 9mo agoCan’t even remember if Zuck testified before the Congress or Senate, but his super weird fucking haircut on that day is indelibly etched into my brain. So a stylist is probably a solid strategic choice for him.
- chihuahua 9mo agoLegend has it that Meta was having difficulty making their metaverse Mii characters look human, so Zuck solved that problem by making himself look like a Mii.
- DrewADesign 9mo agoThat was his biggest win in quite some time if true. Really hit the mark. My guess is he refused to acknowledge his receding hairline so he just kept having hard "bangs" cut further and further back.
- mr_00ff00 9mo agoNot doubting you, but any specific examples of him supporting monopoly? Or are you saying the general environment of high finance supports this? No doubt he had more money than he needed but if this is referring to his preference for coka-cola and apple stock / any stocks with the ability to set their own prices because of market dominance, I feel like that’s not a totally fair criticism.
- CPLX 9mo agoTons of evidence it’s all hiding in plan sight: https://www.thebignewsletter.com/p/warren-buffett-americas-folksiest https://www.thebignewsletter.com/p/warren-buffett-americas-f...
- JumpCrisscross 9mo agoThe Verisign investment was a minority holding. And this bit is tripe: “Buffett is the avatar of monopoly. This is a guy whose investments philosophy is literally that of a monopolist. I mean, he invented this sort of term, the economic ‘moat,’ that if you build a moat around your business, then it's going to be successful. I mean, this is the language of building monopoly power.” Seeking moats isn’t monopolistic. It’s inherent to competition.
- LastTrain 9mo agoDo you feel this way about all billionaires or is it something about Buffet?
- FpUser 9mo agoI do feel exactly that with few exceptions.
- LastTrain 9mo agoWhat would warrant an exception? I generally don’t like billionaires either, but I wouldn’t put Buffet at the top of my shit list just for curating a public persona.
- FpUser 9mo agoThere are couple of artists for example that had managed to become near- or full billionaires. Of course I do not know the details but in my view this warrants an exception
- what 9mo agoWhy does an “artist” get an exception for being a billionaire?
- nradov 9mo agoDo artists who make business deals also warrant an exception? https://www.penguinrandomhouse.com/books/180675/trump-the-art-of-the-deal-by-donald-j-trump-with-tony-schwartz/ https://www.penguinrandomhouse.com/books/180675/trump-the-ar...
- quietsegfault 9mo agoI think you must have at least some sort of antisocial and sociopathic personality qualities to become a billionaire.