Buffett's Lame Excuse

"Now we have lots of money and no ideas." So says the Oracle of Omaha to the crowd and the inquiries of Doug Kass at the big Omaha showdown. And I come back and say, "Give me a break." You have a million ideas, and because of who you are, you can make them happen very easily.

I am totally into Warren Buffett. He is totally rigorous. He has answered Kass's questions about management style and succession and break-up very well. Buffett has made a series of brilliant acquisitions for Berkshire Hathaway (BRK.A/BRK.B), including Heinz (HNZ). Here, given the endless moves higher in the consumer packaged goods since that February tour de force, he has truly gotten a bargain....417 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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