Library of Economics and Liberty masthead logo
 
Search EconLog
Recent Entries
Recent Entries by author
Bryan Caplan
David Henderson
Arnold Kling
Browse Archives
by date
by author
by category
Subscribe
About EconLog
Frequently Asked Questions
EconLog FAQ
Econlib Resources
About Econlib
Contact Econlib
Quote of the Day
Birthdays & Commemorations
Frequently Asked Questions
Get Econlib Newsletter
Subscribe to EconLog
XML (Full articles)
RDF (Excerpts)
Feedburner (One-click subscriptions)
More
FAQ (Instructions and more options)
Return to top
Articles EconLog EconTalk Books Encyclopedia Guides Search

Michael Lewis cribs from Alice Schroeder's biography.


He seems always to have been something of a physical and emotional coward. He is actually less wary in his financial life than he is outside of it. He avoids social conflict, unless there is money on the line, and also all sorts of new experiences. His long-time partner Charlie Munger likes to call Buffett a "learning machine," but there are whole swaths of human activity he actively resists learning anything at all about, such as the entire high-tech industry. He confines himself to the diet of an eight-year-old, refusing to eat anything much beyond spaghetti, hamburgers, and grilled cheese sandwiches.

Naturally, Tyler Cowen's antennae vibrate at this. Tyler would think in terms of the autistic spectrum. Also, compare the description that I quoted of a five on the enneagram. Tyler's book on this personality type is still several weeks from release.

CATEGORIES: Books: Reviews and Suggested Readings


COMMENTS (5 to date)
Michael writes:

That seemed uncharitable. It's very rude to call someone a coward, and he didn't back up the accusation very well. Not liking to try new foods is not a quality that deserves such an insult. Maybe you figure out what foods you like after 78 years. Polyamory doesn't seem like the choice of an emotional coward to me. And I think that avoiding unnecessary social conflict is an admirable quality.

Posted May 20, 2009 6:03 AM
Yancey Ward writes:

Buffet is a moron- doesn't he know that his diet is going to kill him?

Posted May 20, 2009 3:45 PM
Michael writes:

Maybe he has decided that the utility he gains from his favorite foods exceeds the expected utility from the likely decrease in length of life.

Posted May 21, 2009 12:57 AM
max writes:

@Ward: A moron? He is 78 years old and NOT dead? Your argument is like saying: You are a moron, don't you know that passing time will one day kill you?

If he likes it, let him kill himself.

Posted May 21, 2009 8:52 AM
Sisyphus writes:

Buffet does live in Omaha, Nebraska. That is not exactly a hotbed of culinary adventure or cosmopolitanism.

If you asked a lot of Midwestern folks what they like to eat, they would probably answer about the same things. Perhaps Buffet is just a Midwesterner in his culinary appetites?

Posted May 22, 2009 6:07 PM
Comments for this entry have been closed
Return to top
Copyright © 2003-2010
Liberty Fund, Inc.
All Rights Reserved
Blogging software: Powered by Movable Type 4.2.1.
Pictures courtesy of the authors.
All opinions expressed on EconLog reflect those of the author or individual commenters, and do not necessarily represent the views or positions of the Library of Economics and Liberty (Econlib) website or its owner, Liberty Fund, Inc.

Liberty Fund logo, amagi symbol
The cuneiform inscription in the Liberty Fund logo is the earliest-known written appearance of the word "freedom" (amagi), or "liberty." It is taken from a clay document written about 2300 B.C. in the Sumerian city-state of Lagash.
spacer gif