Is Buffet the next Soros?

It was announced that Berkshire Hathaway's quarterly profits were up 40% or $1.63 Billion primarily due to shorting of the US Dollar.

This fund is Warren Buffet's, the Oracle of Omaha's, pride and joy, and a single share goes for over $85,000 dollars. As a matter of fact the one day movement in the price of a single share is more than a monthly car payment for most Americans. Now this is because Buffet doesn't believe in share splits and Warren Buffet claims to be all about honest and wise investment.

But I must ask is it Patriotic to bet against your own currency?

George Soros made alot of money and his name by shorting the British pound. This move along with his controversial and overt support for John Kerry, have led many to see Soros as a slippery character and he is often seen in a very harsh light for his bet against the Bank of England.

Now both Soros and Buffet and Bill Gates are shorting the dollar.

Is this good for the country?

Some reduction in the dollar is obviously beneficial because it will help reduce the trade deficit theoretically, but will it be possible to cause enough increase in exports to lure jobs back to the US. To some extent, we have more Japanese cars being built here for some of those reasons but mainly tarriffs have more to do with this.

But all the American eco-terrorists should really be concerned about a truly endangered species, the American Manufacturing Worker.

At what point do all these bets against the dollar lead to a worldwide dumping of US debt and dollars thereby destablizing our currency and leading to massive inflation?

So Warren Buffet may consider himself honest but is he being ethical?