Filed under: Management, Rants and raves, Microsoft (MSFT), Berkshire Hathaway (BRK.A), Sears Holdings (SHLD)
This post is part of our Money Face-Offs feature. Let us know who you think comes out ahead in this head-to-head match-up, and check out our other Money Face-Off posts.
In the past few years, there have been numerous comparisons made between Eddie Lampert of Sears Holdings (NASDAQ: SHLD) and Warren Buffett of Berkshire Hathaway (NYSE: BRK.A). We see these all the time in every medium and all walks of life. “He’s the next Jordan; it’s the next Microsoft,” and sometimes our society even goes so far as to mock itself like with the “New Coke.” No new Coke, no new Jordan, no new Microsoft Corp. (NASDAQ: MSFT), and definitely no new Buffett.
That said, it doesn’t take anything away from our new icons of success, but please give them the space to be themselves. Kobe Bryant is not Jordan and never will be. Michael Jordan was unique. But Kobe is great in his own right. Comparisons are worthwhile to give the observer a point of reference (see Einstein about that). Warren Buffett is unique. He will not be replaced. I am not one to believe everyone is replaceable. If such a thing was even remotely possible, bring the me your candidates to replace Einstein, Shakespeare, and Da Vinci. In the investing world, that is the level that Warren Buffett has managed to attain, and he is warmly referred to as the Oracle of Omaha.
Continue reading Money Face-Off: Warren Buffett vs. Eddie Lampert
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