Extreme Mortman  had a secret correspondent attend the big Berkshire Hathaway meeting over the weekend to hear legendary rich guy Warren Buffett speak.  Here’s our tipster’s report:

Buffett gave his usual sage advice (end corrupt executive compensation policies; avoid investments in overheated markets like commodities, etc.); ducked the tough questions on succession and why Berkshire isn’t dividending out some of its $40 billion cash pile; and warned about the dire consequences of Bush administration policies he doesn’t agree with (current accounts imbalance will cause severe decline in the dollar; his taxes are too low because his marginal rates are the lowest in his office, etc.)  For humor, maybe the best source was Buffett’s long-time number two, Charlie Munger.  In the opening video, the Desperate Housewives actresses are sitting around a poker table talking about trying to land a billionaire.  Nicolette Sheridan (the blonde) thinks she’s going to get Buffett, but gets Munger instead.  Afterwards, Buffett quips that it’s the lesson of Anna Nicole Smith:  when choosing between old rich guys, always pick the older one.

Bush Administration  Cut my syntaxes!  stock market  economy  business

2 Comments »

  1. Robert Bowie said,

    May 11, 2006 @ 10:47 am

    What about Jimmy Buffet?

  2. Sid Vicious said,

    May 12, 2006 @ 10:14 pm

    Hey you webmaster, tekkie types: Just like 2000 and 2004, the man has excluded the people (i.e. “me”) from voting, this time, for Extreme Mortman’s Extreme (is that enough extremity?) Trivia Contest. For once, I actually knew that the answer was Potomac Beach by Leah, er, ah, Eron Shostecies: I also knew it ’cause I’m in the book (Sid Vicious meets Rep. Lattan, pages 176-177) and I couldn’t even vote, Gosh Darn It!

    Power to the people: off the man!

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