May

9

Kinda gives you hope…

May 9, 2006 |

Warren Buffett, dire threat to Israel

This is an excellent argument against the current situation in Israel where everything you do is measured by what kind of deal you got. And where work is done by people who don’t care who are managed by people who just want to make a quick buck and move on.

From the article:

The Wertheimers are famous - and often quietly derided - for using their business to help the society at large, working overtime to address issues of co-existence, poverty, and future regional cooperation.

Perhaps most threatening of all is the circumstance that the Wertheimers were offered much more money by other potential buyers, but nonetheless went with Buffett.

In these parts, there is nothing quite like the fear of being taken for a ride. Of being taken for a freier, gullible, a sucker.

This is closely associated with the fear of not having gotten the best possible price either as a seller or as a buyer.

The Wertheimers, in short, did not take the highest offer.

They took the best one.

They took the one that assured them that he would not fire any of their employees.

…

In then end, what Warren Buffett has done, is to suggest that we can be every bit as good as we, deep down, believe we could be, if we had half a chance.

Scary, isn’t it?

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