Monday, July 19, 2010

Warren Buffett Propaganda

Warren Buffett of Berkshire Hathaway (BRK.B) has some interesting corporate propaganda with the recent Netjets ads. The ads feature both Buffett and David Sokol as Netjets owners. The tag line claims they are among the most productive people. No mention of their positions as equity owners or executive responsibilities.

Subliminally we may assume David Sokol's anointment as the crown prince. But when you own the equity and hold down executive positions to make the claim that you also hold fractional shares in aircraft is superfluous.

So Warren what was the agenda on this one?

Disclosure: I do not hold positions in any stocks mentioned in this post.