Spicey Talk from the Sage of Omaha

Warren Buffett tells his faithful shareholders about underwear, immoral stock options, and a dire nuclear warning

Warren E. Buffett may no longer have a stake in Walt Disney, but he didn't lose his magic touch when he sold his shares in the Magic Kingdom. He's probably the only CEO in the world who could attract 14,000 shareholders to an annual meeting in out-of-the-way Omaha, Neb., where Berkshire Hathaway (BRK.A ) makes its headquarters.

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