Originally Posted by harley
I am as effusive in my admiration of WB as anybody, but it appears to me that he has been a bit to aware of his legacy recently.
I don't know how much he's changed. Reading his shareholder letters (and Charlie's speeches) over the last 20 years, they've been doing this for quite a while.
There have certainly been persistent inconsistencies between what they say and what they do. But as long as they're building intrinsic value and not visibly ripping off the shareholders, we're willing to put up with those "quirks".
I think Buffett's latest efforts have been devoted to locking up capital so that his successor can't waste it. It'll be interesting to watch him spend the rest of his cash through India & Japan over the next few months.