« Perfect Reliability Is Not Worth the Cost | Main | "Robots Take Away Subhuman Jobs" »


David Sokol Worries that in Over-Regulated America, Free Enterprise Is Under Attack



(p. C1) David Sokol, once widely expected to succeed Mr. Buffett as chief executive of Berkshire Hathaway Inc., has kept a fairly low profile since leaving the conglomerate amid a stock-trading controversy five years ago.


. . .


In addition to becoming a more-vocal investor, Mr. Sokol, 59 years old, is becoming increasingly vocal about politics. He is an avowed fan of "Atlas Shrugged," the 1957 novel by Ayn Rand that made a moral case for capitalism and self interest. In public speeches and columns, Mr. Sokol has drawn comparisons between the dystopian, over-regulated America portrayed in the book and the present day, saying (p. C2) that free enterprise is increasingly under attack.



For the full story, see:

SERENA NG and ANUPREETA DAS. "From Buffett Protege to Activist." The Wall Street Journal (Mon., April 25, 2016): C1-C2.

(Note: ellipsis added.)

(Note: the online version of the story has the date April 24, 2016, and has the title "Warren Buffett's Former Heir-Apparent Resurfaces as Activist Investor.")


The Ayn Rand novel that Sokol admires, is:

Rand, Ayn. Atlas Shrugged. New York: Random House, 1957.






Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

HP3D5006CropSmall.jpg






Archives















The StatCounter number above reports the number of "page loads" since the counter was installed late on 2/26/08. Page loads are defined on the site as "The number of times your page has been visited."


View My Stats