Why Buffett Does What He Does
February 26, 2009 at 11:33 AM EST
Several headlines have noted Berkshire Hathaway shares are hitting five-year lows. Some think Warren Buffett, Berkshire’s billionaire CEO, has lost it. Short seller Doug Kass, for example, says Buffett is guilty of style-drift, i.e., getting outside his "core competencies" as an investor. Recently, Buffett has spent reams of Berkshire’s cash, and now…
