> But when the rubber meets the road, Buffett and [JP] Morgan are basically the same person.

Word for word one of the least accurate articles I've ever seen linked on HN. Shallow on content and it gets nothing right, it's an impressive feat. It wasn't even well written, if it were at least it would be well written fiction and there might be something to enjoy in that fantasy aspect.

The character and personalities of Buffett and Morgan are very different and not "basically" the same. How they treated people - including workers - is dramatically different, that alone ends the article.

Rather comically - as one would have to be exceptionally ignorant of history, or a lying clown to miss by so much - the article is pretending to equate the barbarity of the late 19th century labor conflicts (a time during which Morgan thrived), with workers only getting a $2,000 signing bonus and small pay raises each year.

Only a fool would proclaim - on a thin argument at that - to judge a person's 90 year life on one matter. At numerous turns throughout his business career (including in regards to Berkshire Hathaway itself, the textile mills), Buffett delayed or avoided layoffs even when it's exactly what he should have done as a rational business move, missing out on large sums of money by not doing that.

Of course Buffett isn't a Socialist, which is a good thing.