Hedge fund manager Calls Warren Buffett A Hypocrite

Reuters reports:

Hedge fund mogul Daniel Loeb on Wednesday took aim at the "Oracle of Omaha," calling beloved billionaire Warren Buffett a hypocrite.

"I love how he criticizes hedge funds yet he really had the first hedge fund. He criticizes activists but he was the first activist," Loeb, who runs $17.5 billion hedge fund Third Point, said about Buffett who has been running conglomerate Berkshire Hathaway for 50 years.


Loeb, known in investment circles for his sharp tongue and top returns, made the comments at the SkyBridge Alternatives Conference, known as SALT, less than one week after Buffett hosted his company's shareholder meeting in Omaha.

Hide billions of dollars with the Gates Foundation while calling for higher taxes on rich people. Thanks Warren.