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Did This Billboard Get Buffett To Sell PetroChina? The 'WSJ' Says Maybe.

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Having cut its stake to 652.9 million shares, down from 2.3 billion at the end of 2006, Berkshire Hathaway now owns less than 5 percent of PetroChina, and won’t be required to file additional updates on stock sales, leading analysts to believe that the rest of it could have been sold already. Some people want to know why. Money or genocide? (You know what we think).
Earlier: Why Doesn’t Warren Buffett Want To Fund Genocide Anymore?

Buffett's PetroChina Sale [WSJ]
*We say yes. The message, which Buffett is rumored to have seen before it was cleaned up, read, “Will your conscience let you off on a technicality? The answer is ‘no,’ you stupid Sudanese-killing motherfucker.” That would affect even the most calloused among us.

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Former Berkshire Hathaway Executive Has Only The Nicest Things To Say About Warren Buffett

On March 30, 2011, Warren Buffett penned an open letter expressing support for his former lieutenant, David Sokol, whose trading activities had been called into question. "Neither Dave nor I feel his Lubrizol purchases were in any way unlawful," Buffett wrote. Then, a month later, he told shareholders and reporters gathered at the BKR annual meeting in Omaha that, actually, Sokol was a degenerate bum; a piece of garbage that needed to be taken out, lest it stink up the place. (Actual words: "inexcusable," "inexplicable," in violation of "the company's insider-trading rules and code of ethics." Buffett added that Berkshire "had turned over some very damning evidence" re: Sokol to the Securities and Exchange Commission, to boot.) Though Sokol did not publicly respond to the comments at the time, they presumably stung quite a bit, since having your unassailable ex-boss basically call you a lowlife does not do wonders for the reputation. Now, a year later, after being informed that the SEC would not be taking action against him, is he in a Zen place about life in general and Buffett's words specifically? Are the two men cool? Could Sokol see them being friends again one day? At the very least, is he ready to laugh about them? Yes, yes he is.

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