A Solid Choice

14 August 2003

Clearly, Andrew Tobias must be conflicted at this moment. As Treasurer of the Democratic National Committee, Tobias is staunchly opposed to every idea, comment or suggestion made by any Republican.

He grew so concerned about the recent tax cut that he began including a quote from Warren Buffett at the end of the emails he sends to subscribers. Now Buffett is advising Arnold.

I’m a long-time admirer of the financial savvy and communication skills of both Tobias and Buffett. I’ve invested with or along side both of them over the years. The principles they advocate are sound. In neither case have their political views been consistent with my own.

It will be interesting to see how Tobias is able to deal with Buffett’s ”support” for Arnold. As for Arnold, this might be the master stroke he needed. No one is better wired for dealing with a crisis the size of California’s than Buffett.

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