When it comes to saying the unsayable, it’s hard to top comedian Jerry Sadowitz’s infamous gag from the late 1980s. “Nelson Mandela, what a c***. You lend some people a fiver and you never hear from them again.”
The joke shocked — if you haven’t stopped reading already — not because the future president of South Africa was still incarcerated at the time. It was the first line. Mandela was already far beyond reproach. Sanctified even.
Just as Warren Buffett is today (although if you’d lent him $5 in the early 1960s, it’d be worth almost three hundred grand now). His reputation is unsulliable. Such is the universal love for Buffett that even China’s securities regulator praised him when he announced his retirement last week.