Re:Warren Buffett steps down as Berkshire Hathaway CEO after...
by justin66 on Wednesday December 31, 2025 @10:33PM
(#46451061)
> he also does not strike me as a villain like some of the modern day billionaires either
With Musk, doge, and the handling of important programs like USAID, that bar has been set remarkably low.
He also seemed a bit more aware of how much power money can translate into, and it seems he kind of stuck to "being rich" rather than shooting for "rich and also politically powerful" (although I'm sure there are probably a few exceptions).
Compare his investment in the Washington Post with Bezos'. Buffett actually made money off it, and kept his hands off the direction of the paper. We all saw how much Bezos started leaning on it - which has had the effect of shedding subscribers as no one trusts it any more, and it's not attracting new readers of... the Fox News persuasion I guess we can call it.
It also seems he mostly stuck to what he knows in terms of kind of boring investments rather than flashy rockets and other showy things.
And of course he's been good with giving his money away and convincing others to do likewise.