There was billionaire bitchy back-biting at the SALT Conference in Las Vegas on Wednesday
Hedge-fund manager Daniel Loeb:
- "I love reading Warren Buffett's letters. I love constrasting his words with his actions...
- I love his wisdom. He's a very wise guy.
- I also love how he criticizes hedge funds, yet he really had the first hedge fund.
- He criticizes activists, yet he was the first activist.
- He criticizes financial services companies, yet he invests in them.
- He thinks we should all pay more taxes but he loves avoiding them himself"
- Said he enjoys reading the Buffett's annual investor letters because he enjoyed "contrasting his words with his actions"
Meow.
