This blog post originally appeared on RealMoney Silver on Jan. 27 at 7:49 a.m. EST.
"All good things must come to an end, but all bad things can continue forever." -- UnknownLast week, I suggested that Warren Buffett's star was crashing back to earth. Barron's Senior Editor Andrew Bary penned a similar piece over the weekend.
Human After All
I have worshiped at the altar of Warren Buffett since the late 1970s -- ever since an investor and acquaintance, Conrad Taft, introduced me to his investment methodology and style at Berkshire Hathaway. Indeed my writings over the last seven years have often been punctuated with Buffett-isms. I have repeatedly objected to, scoffed at and refuted criticisms of Buffett's strategy on this site and elsewhere. That said, the rationale behind avoiding/shorting Berkshire Hathaway's common stock must be segregated from my respect/worship of the greatest investment icon of the last half century. -- Doug Kass, March 10, 2008As I wrote almost a year ago, Warren Buffett is justifiably revered by investors around the world, and I consider myself one of those who have worshiped at his investing altar over the past three decades. Nevertheless, from my perch, Buffett's salad days seem to be over; the only question that remains is the timing and to what degree investors will abandon the Oracle of Omaha.