Tuesday, February 28, 2017

Warren Buffett: ‘If a lady says no, she means maybe’

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Billionaire investor Warren Buffett made an analogy about business on Monday that was not great. 

In an interview about Kraft Heinz’s proposed — and rejected — acquisition of the consumer goods company Unilever, Buffett turned to a misogynist tale as old as time. 

“It reminds me of that old story about the difference between a diplomat and a lady. I don’t know whether you’ve ever heard that or not,” the Berkshire Hathaway executive asked CNBC’s Becky QuickBusiness Insider spotted the problematic comment. 

“Well, if a diplomat says yes, he means maybe. If he says maybe, he means no. And if he says no, he’s no diplomat,” Buffett continued. “And if a lady says no, she means maybe. And if she says maybe, she means yes. And if she says yes, she’s no lady. So he [Kraft Heinz chairman Alex Behring] probably got a maybe [from Unilever] and didn’t know whether it was coming from a diplomat or a lady, essentially.”  Read more…

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Originally syndicated from Warren Buffett: ‘If a lady says no, she means maybe’


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