Warren Buffett Gets Gamed at His Own Meeting

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The Sage of Omaha is annoyed:

Among investors, there are few prizes more coveted than the opportunity to ask Warren Buffett a question at Berkshire Hathaway’s annual shareholders meeting. But this year, Fidelity Investments mysteriously claimed more than its fair share.

Turns out, it was no accident—and the Oracle of Omaha is none too pleased about being outfoxed on his own turf. Now he is turning the tables. “There’s no question they figured out how to game the system,” Mr. Buffett says. He said he didn’t like Fidelity’s ploy because “it’s not in the spirit of the meeting.”

Hey, guess what, Warren? You could solve this problem by making yourself available for questions more often than once a year. You’re the one who created the incentive for this mess. You can uncreate it any time you want.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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