OK, Bash Buffett -- but Buy His Stock

I come not to bury Warren Buffett but to praise him.

In the last week or so, two other financial pundits, Jon Markman on this site and James B. Stewart in The Wall Street Journal, have argued that Buffett has lost it.

Once Buffett was a CEO worth investing beside, Markman wrote, but now he should be stripped of his title as Oracle of Omaha and called the Natterer of Nebraska. Stewart called Buffett's annual letter to Berkshire Hathaway(BRK.B Quote) autumnal and added that he couldn't help wondering if Buffett had lost some of his legendary touch.

I'm sure Buffett has been called things far worse than "natterer" in his long career. And he really doesn't need any defense from me. The columns, however, do deserve a rejoinder, because I think both articles are so profoundly beside the point that they might cost investors a few bucks or more. ...