Conventional wisdom counts for nothing in this market. You could bet your house on this senile old fool until roughly 12 months ago. Now I think it's time his offspring were responsible and found a home for the old guy. He had a great run and his logic worked great for such a long spell, but when this market went from bull to bear, he got caught out like so many others. http://finance.yahoo.com/expert/article/stockblogs/123903 So what exactly does a Buffet investment mean these days? Ask the Bag holders at Goldman Sucks...
Wouldnt that just be like the perfect ending if all his life he had made billions of dollars, while living that modest lifestyle, only to lose it all at the end.
Don't know about Buffett, but I know about that idiot Tilson (in the link you provided). If that phuckwit is saying to buy Berkshire, then that is a good enough reason to avoid it for the time being.