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Warren Buffett Boldly Moves To Take Leadership Of The Draft Dimon Movement

35 million JPM shares? We get it, Mr. Oracle, and we're glad to have you aboard.

All we've really needed in our righteous crusade to put a real self-made egotistical billionaire CEO from Queens in The White House was a powerful ally. Most of you monsters are still pretending like this is "nonsense," "dumb," or "slobbering all over Jamie's knob." The Draft Dimon movement has always been short just one minor celebrity player looking at the world and saying out loud "We need some more Jamie D up in this bitch."


If only someone with clout would join us, admitting that there are no good choices anymore, just the best choice; President-Elect Jamie Dimon...

Warren Buffett's Berkshire Hathaway added more than 35 million shares of J.P. Morgan Chase last quarter, according to the firm's latest filing with the Securities and Exchange Commission.

First of all, wow! WARREN BUFFETT? We were hoping for like a Tony James or one of those people on "Shark Tank." We were even considering blackmailing Matt Levine to say something. But The Oracle himself?! An embarrassment of riches.

Second of all; 35 million shares though? We said we needed help, Warren, not a fucking crusade.

This is too much too soon, bro. Maybe we should try to frame this as a straight investment decision. Like, despite getting betrayed and hammered by Wells Fargo, you're still bullish on banks and looking to load up on financial stocks for when the darkness comes. It's a thin story, but it should hold for a few months while we huddle and get out PACs in a row. Just keep the Jamie-specific thirst to a minimum and we can make this happen!

Buffett and J.P. Morgan CEO Jamie Dimon admire each other. Buffett has said he reads Dimon's annual shareholder letter for insights into the banking industry. Dimon is the longest-tenured of CEOs leading a major U.S. bank. The pair, along with Jeff Bezos of Amazon, in January announced a partnership to cut health-care costs and improve services for their U.S. employees.

We're not getting off to the best start here, Warren...

Berkshire Hathaway reveals stake in JP Morgan as Warren Buffett raises bet on the US banking system [CNBC]



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