Subject: Re: How Capitalists Destroyed Capitalism
sorry, warren's 'aw shucks' folksy front doesn't fly for this one.
buffet's promulgation of cap-lite may not have been original , but probably became the most adopted philosophy among professionals.
i would go as far as to say it was more widely adopted than all of his behavioral investing advice combined.
i do not deny many were better companies. nor do i deny the outcome of broad cap-lite popularity has de-industrialized america, regardless of BH's opportunistic hard asset grabs. but it's not like warren doesn't wish he did different instead (see numerous balks at google).
i challenge you to 'buy american' when it comes to personal consumption, not only american HQ'd stocks.