Comments on: The hypocrisy of Warren Buffett? http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/ Investing for beginners Fri, 25 Jul 2008 00:29:30 +0000 http://wordpress.org/?v=2.5.1 By: moneyrelations http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1342 moneyrelations Sun, 30 Dec 2007 13:17:39 +0000 http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1342 Hey Sam, Thanks for bringing in a different point of view. I understand what you're saying about "real leadership". However, that's a big weight on the fallibility of mankind. It's a slippery slope when you base one person's judgment on what is moral. Hey Sam,

Thanks for bringing in a different point of view.

I understand what you’re saying about “real leadership”. However, that’s a big weight on the fallibility of mankind. It’s a slippery slope when you base one person’s judgment on what is moral.

]]> By: Sam Marking http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1340 Sam Marking Sun, 30 Dec 2007 05:45:12 +0000 http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1340 I agree that shareholders might not want "morality" in business. Then it is up to Buffet to make a choice: "to be or not to be" a real leader and to do or not to do "commerce without morality" (i.e. don't participate in bad things and do what his conscience says.) I agree that shareholders might not want “morality” in business. Then it is up to Buffet to make a choice: “to be or not to be” a real leader and to do or not to do “commerce without morality” (i.e. don’t participate in bad things and do what his conscience says.)

]]> By: moneyrelations http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1307 moneyrelations Wed, 26 Dec 2007 05:30:17 +0000 http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1307 I thank you so much for such wonderful comments and quotes, Sam. Commerce without morality - This is so intriguing because this trickles down to the consumer level or in Buffett's case, shareholder level. Bottom line, it's the consumers who vote with their wallets if they want "morality" and the producers will supply accordingly. I thank you so much for such wonderful comments and quotes, Sam.

Commerce without morality - This is so intriguing because this trickles down to the consumer level or in Buffett’s case, shareholder level.

Bottom line, it’s the consumers who vote with their wallets if they want “morality” and the producers will supply accordingly.

]]> By: Sam Marking http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1293 Sam Marking Mon, 24 Dec 2007 17:24:40 +0000 http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1293 Imho, knowing that Buffet is not following his preaching (including family relations) is very important because it shows if he doesn't have integrity, i.e. don't always follow the same principles (honesty, trustworthiness, etc.) And I would question correctness of this statement: "The bottom line is that Buffet makes his shareholders money." Because the means are as important as the ends: "If you reach an admirable end through the wrong means, the ends ultimately turn to dust in your hands." (S. Covey, "The 8th habit") And here is what Gandhi named "The Seven Things that will destroy us": - wealth without work - pleasure without conscience - knowledge without character - commerce without morality ****** - science without humanity - worship without sacrifice - politics without principle Imho, knowing that Buffet is not following his preaching (including family relations) is very important because it shows if he doesn’t have integrity, i.e. don’t always follow the same principles (honesty, trustworthiness, etc.)

And I would question correctness of this statement: “The bottom line is that Buffet makes his shareholders money.” Because the means are as important as the ends:

“If you reach an admirable end through the wrong means, the ends ultimately turn to dust in your hands.” (S. Covey, “The 8th habit”)

And here is what Gandhi named “The Seven Things that will destroy us”:

- wealth without work
- pleasure without conscience
- knowledge without character
- commerce without morality ******
- science without humanity
- worship without sacrifice
- politics without principle

]]> By: Carnival of Personal Finance - Edition 130 » Money Smart Life http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1119 Carnival of Personal Finance - Edition 130 » Money Smart Life Sun, 09 Dec 2007 23:14:33 +0000 http://www.moneyrelations.com/2007/12/04/the-hypocrisy-of-warren-buffett/#comment-1119 [...] from Money Relations presents The hypocrisy of Warren Buffett?, and says, “Is Warren Buffett a hypocrite for not practicing what he [...] [...] from Money Relations presents The hypocrisy of Warren Buffett?, and says, “Is Warren Buffett a hypocrite for not practicing what he [...]

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