Not as cuddly as he looks.
Mr. Buffett hides behind the image of a folksy, benevolent businessman while he pursues the same profit-maximizing deals that are the target of some of his attacks.
There is even an adage in the investing community: “Do as Warren Buffett does, not as he says….”
Some of Wall Street’s antipathy toward Mr. Buffett appears to have spilled over onto Main Street. Seven out of every 10 tweets that had an opinion about Mr. Buffett this year expressed a negative sentiment such as “phony” or “hypocrite,” according to an analysis that social-media analytics firm Crimson Hexagon conducted for The Wall Street Journal. Five years ago, 46% of tweets about Mr. Buffett fell into that category.