The Oracle Attacks Private Equity, Again
It's only been six months since Warren Buffet called private equity firms “porn shop operators,” but The Oracle of Omaha can't stay away from one of his favorite punching bags for long. In his annual letter to investors, Buffet called out private equity firms for being too opaque, and abusing portfolio companies behind those closed doors. He writes:
2 March 2009•3 mins read
