Top Crony

If he makes you feel like a million dollar bill
Say oh, oh, say oh, oh
--Whitney Houston

This article argues that Warren Buffett's current successes are more about his political genius than his investment genius. We have positing such on these pages for some time. Nice rundown of his crony activities from end of Bush into the Obama administration.

Do the math yourself, but appears to me that Berkshire was direct or indirect recipient of 12 figure size in government support during the credit market meltdown, from which his firm easily cleared 11 figure size in profits.

And, as the article points out, WB is not done working his political connections.

Warren Buffett, political entrepreneur.