Why conservatives hate Warren Buffett

[Hawk4value]

Packer, excellent point.  In fact in my own case I fanatically try to minimize cap gain tax by making investments in entities I never intend to sell. In particular I try to identify holdings companies run by exceptional capital allocators where the benefit will come from long term compounding, i.e. Berkshire, Onex, BH, MFC Industrial, Fairfax, LUK, L.  The higher the cap gain tax the more fanatical I become about my investing criteria.  Then again thats just me.

[jacobwolinsky]

I dont agree with the Congressman at all,  but I found this video funny and relevant to the topic:

 

Congressman Tim Huelskamp "Warren Buffett would never hire Obama as his CEO"

 

http://www.valuewalk.com/videos-with-text-summary/congressman-tim-huelskamp-warren-buffett-hire-obama-ceo/