In a letter to shareholders, Buffett wrote on Tuesday that he and his children “have a common belief that dynastic wealth, though both legal and common in much of the world including the United States, is not desirable.”
“We also agree that capitalism — whatever its weaknesses, including the vast disparities in wealth and political influence that it delivers somewhat capriciously to its citizens — has worked wonders and continues to work wonders,” he wrote.
Not even trying to argue, but everyone could use Buffet's mindset and create wealth at a much smaller scale, but most Americans are not smart in the basics.I'm not a big Buffet hated, but I could live without quotes like this.
Capitalism is AIDS, but like, common folk have iPhones and shit so it's aight.