Rob Rose Editor: Financial Mail

There is something slavishly unbecoming in the almost messianic reverence some investors have for Warren Buffett. His annual newsletter, admittedly a rollicking read, is often treated as if it’s the long-lost commercial script of the Gnostic gospels, dug up in Omaha, by way of Nag Hammadi.

But then I suppose at 89 years old, with Berkshire Hathaway having produced an annual gain of 20.3% per year since 1965, perhaps you’re entitled to throw around wisdom and have fans write elaborate essays about your use of the word "independent".

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