Thursday, July 15, 2010

Obama & Buffet Freudian Slip?

President Obama met with Billionaire Warren Buffet (BRK.A) at the White House. Warren who has more money than God, shows up in a frayed tie. He clearly does not care. He clearly does not need to care. He is a true value investor who can look through the packaging.

President Obama cares about appearances and offers him another tie. A red one if unnamed White House sources are to be believed.

On a certain level you have to wonder about President Obama's focus. Here comes the best financial advice available and your first reaction is to change it's tie.

Did he just forecast his future approach to economics.

Disclosure: I have no position in any stocks mentioned in this post.

Additional Disclosure: I am prepared to buy some new ties if it will help the economy. This metric may be replacing the Alan Greenspan men's underwear consideration.