The first part was simply an expression of my bias. I owed that to the reader.
Good grief.
The first part was simply an expression of my bias. I owed that to the reader.
Good grief.
Much more interesting to discuss that than how clear Buffett's argument is. (Which is quite clear, in my opinion.)
I originally wrote "intellectually dishonest" mostly out of habit. It's a phrase I like. But then I looked at it and realized that was way too harsh of a statement. Buffett is not lying here. He's just a nice old man (probably a little on the cranky side) who wants to play at politics a bit.
I don't think there was any subterfuge or lying at all going on. What I think is that he could have used a good editor, but probably when you are worth 3 kazillion dollars it's tough to get somebody to take you out to the woodshed and tell you to tighten up your piece, make a thesis, and then support it. I have structural problems with the article, not concerns about the honesty of the author.