This blog post originally appeared on RealMoney Silver on May 4 at 7:43 a.m. EDT.
I have several observations after reading the plethora of blogs on Berkshire Hathaway's (BRK.A Quote) Woodstock of Capitalism over the weekend.
Firstly, it is an undeniable statement that Warren Buffett gets a free pass from his investors whom have accepted and weigh his long-term results rather than his short-term or even intermediate- term performance. Talented and iconic investors such as Jeff Vinik, Julian Robertson, Michael Steinhardt and many others were never given such a long leash by investors. While Buffett has arguably earned that free pass, every hedge-hogger, mutual fund manager and retail stock broker would be more than pleased not to be judged on quarterly, yearly or multiple-year results. ...
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