Warren Buffett sat down with CNBC to clarify that Jeffrey Epstein had nothing to do with him cutting off donations to Bill Gates' foundation. The Oracle of Omaha wanted everyone to know the timing was pure coincidence. Nothing to see here.
This is what counts as unexpected now. A billionaire saying he didn't stop giving away his money because another billionaire hung out with a sex trafficker. The bar for revelations has dropped so low it's drilling through the Earth's crust.
Buffett called the interview himself. He phoned CNBC specifically to address this. The man who famously ignores quarterly earnings calls and refuses to split Berkshire's A shares decided this particular clarification required immediate media attention. He needed America to understand his philanthropic decision-making process was completely independent of any Epstein-related concerns.
The second unexpected revelation remains unnamed in every article. Journalists keep saying there were two bombshells but only mention one. Maybe the second revelation was that Buffett still watches CNBC. Maybe it was his thoughts on See's Candies. Maybe he admitted he's been trading meme stocks on Robinhood under the username BuffettDeezNuts69.
Retail traders spent the afternoon analyzing whether this affects their positions in BRK.B. They consulted TradingView charts. They posted rocket emojis. They asked if this was bullish or bearish for companies that manufacture private jets billionaires use to fly to islands.
The stock moved zero-point-three percent. Technical indicators remained neutral. The 200-day moving average continued not giving a sh*t about who stopped donating to whose foundation or why.
Buffett's now 95 years old and spending his time calling cable news networks to clarify his reasoning for changing his will. This is what winning looks like.
Photo by Paul White on Unsplash
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