• deegeese@sopuli.xyz
    link
    fedilink
    arrow-up
    36
    arrow-down
    4
    ·
    10 months ago

    Why you gotta photoshop Warren Buffet in front of some oil?

    He invests in boring slow predictable companies, and not the oil industry.

    You should have picked some Web3 joker like SBF or the OpenAI guy.

    • SCB@lemmy.world
      link
      fedilink
      arrow-up
      21
      arrow-down
      2
      ·
      edit-2
      10 months ago

      Also oil, unlike snake oil, is extremely useful and also real.

      This meme sucks. Like just write “BAD” on an oil barrel and it’s a better meme.

      • AllonzeeLV@lemmy.worldOP
        link
        fedilink
        arrow-up
        3
        arrow-down
        16
        ·
        edit-2
        10 months ago

        Also oil, unlike snake oil, is extremely useful and also real.

        As long it’s apparently time to play the pedant game, I’m sure you can extract some kind of oil from dead snakes.

        • SCB@lemmy.world
          link
          fedilink
          arrow-up
          18
          arrow-down
          1
          ·
          edit-2
          10 months ago

          It’s not pedantry. It’s literally one of the two images you put in this meme.

          The whole point of snake oil salesman was that what they were selling was useless bullshit. Snake oil isn’t a thing, so comparing it to actual literal oil is silly.

    • waitmarks@lemmy.world
      link
      fedilink
      arrow-up
      7
      arrow-down
      3
      ·
      edit-2
      10 months ago

      WTF are you talking about? Berkshire Hathaway literally owns 25% of Occidental Petroleum. It’s one of their biggest positions.

    • AllonzeeLV@lemmy.worldOP
      link
      fedilink
      arrow-up
      5
      arrow-down
      15
      ·
      edit-2
      10 months ago

      No such thing as a billionaire who isn’t destructive to society. Warren Buffet is less crass, but no less destructive to society than Elon, Mark, Sam, etc. He just attempts to present better, a Mitch McConnell to their Donald Trump.

      Also he does invest heavily in oil, not that that really matters. Billionaires shouldn’t exist to warp society to their power/capital’s will.

      https://finance.yahoo.com/news/warren-buffett-investing-gas-oil-110019792.html#:~:text=Oil and Gas Stocks in Berkshire Hathaway’s Portfolio&text=Berkshire’s big oil and gas,and Occidental Petroleum Corp.

      In fact, one of Berkshire’s top 20 holdings is Chevron, among the worst of the worst. 19.4 billion in filthy, unaccountable to society chevron oil holdings.

      https://capital.com/top-20-berkshire-hathaway-holdings-buffett-buys

      Also I didn’t photoshop him in front of those barrels, others just also recognize the con and that photoshop already existed.

      • thrawn@lemmy.world
        link
        fedilink
        arrow-up
        6
        ·
        10 months ago

        Everyone here agrees ideologically. It’s simply that you chose an investor of reliable companies, which is pretty far removed from selling snake oil, because it’s a scam. They’re both bad for society, just in different ways, and it’s different enough to distract from the message of the meme. I’m pretty sure most of us would argue that billionaires are worse than snake oil salesmen due to their wide reaching impact, but regardless, straightforward messaging is necessary to avoid things like this. Pedantry or not, most people would probably have the same reaction because it’s inconsistent. They’re both profit obsessed bad people, but so is a dirty car salesman or the mafia.

  • AllonzeeLV@lemmy.worldOP
    link
    fedilink
    arrow-up
    7
    arrow-down
    17
    ·
    edit-2
    10 months ago

    From Magical Cure All Elixir bottles literally filled with their own rancid piss, all the way into today’s “trickle down” supply side economics.

    No one can accuse the capitalists of forgetting their heritage.