Godfather of Global Hedge Fund: Buffett, the greatest of modern public relations

FOR IMMEDIATE RELEASE
Aliso Viejo, California, United States of America (Free-Press-Release.com) April 6, 2011 -- The title of "Global hedge fund godfather " - Michael Steinhardt (Michael Steinhardt) shelling "Warren" Buffett, calling him the greatest of modern public relations, so with clever words (snow job) almost all successful deception The news media, Buffett should have stepped down.

Steinhardt accept the United States made ​​a sudden visit to CNBC television's statements, he thought the U.S. market is no longer exciting, like a still water, looking around the world so many things are taking place elsewhere, and in the United States, "we are most worried about is in the end How long before Buffett stepped down, how long you can know the truth. "

In view Steinhardt, the legendary Warren Buffett is public relations, "in another 70 years before his death donated two and a half dollars only, until suddenly one day, he hastily decided to almost all the money to a person, the world will be transformed into Of the greatest philanthropists, have started to lobby other billionaires to follow his decision. "

Buffett announced in June 2006 to 1,000 million shares of Berkshire - Hathaway (Berkshire Hathaway) B shares donated to the Bill & Melinda Gates Foundation; December 2010, Bill - Gates Buffett and other wealthy sign the "pledge donations Bobby"and promised to donate at least half of net worth to the charity fund.

For concern, "Sokol event, " Steinhardt believes that the U.S. is very common, but it was caught Buffett unusual, "this is the ugly thing. " Steinhardt added that this is not the only scandal Buffett's done, he will be the former chairman of Salomon Brothers, John - Gu Fulan (John Gutfreund) out the door, the attitude as bad.

Popular succession Buffett David - Sokol (David Sokol) suddenly announced his resignation last week, and he suggested to Buffett acquired Lubrizol (Lubrizol) which shares to buy before jumping the gun, was arrested for insider Wall Street have questioned whether Transactions outside attention Berkshire - Hathaway internal governance, the shadow of Warren's reputation suffered.

Wall Street, Steinhardt is one of the most successful fund managers, if in his flagship hedge fund Steinhardt Partners Fund (Steinhardt Partners LP) was established in 1967, then invested $ 10,000, when he retired in 1995, it The value is $ 4,810,000 has been.

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