Warren Buffett is clearly in the Democratic Obama camp. You can presume he gladly offers the President his advice on economic and business affairs. Just like a good teacher who can tell by the questions a student asks Buffett will be able to determine what Obama’s inclinations are. That’s a hell of an insider scoop that probably no one else has.
But then again when you are the smartest guy in the room you have an advantage.
I doubt if the SEC can even start to investigate this one.
Disclosure: George Gutowski writes from a caveat emptor perspective. I do not speak with either President Obama or Warren Buffett. I do not hold positions in stocks mentioned in this post. I do not plan to initiate new positions within the next 72 hours.
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