In your interest.
Online Personal Finance Magazine
No beating about the bush.
Warren Buffett’s latest letter to shareholders has been released and, as usual, it is filled with a lot of brilliant observations and a bit of hypocrisy. Mr Buffett wants to distance himself from the notion of ‘too big to fail’ and implies that the firm is not dependent on the ‘kindness of strangers’. He wrote: “We will never become dependent on the kindness of strangers. Too-big-to-fail is...