Whitney Tilson, investor, on Warren Buffett

Whitney Tilson, founder of T2Partners and noted value investor, has owned shares in Berkshire Hathaway for nine years and is a well-known Warren Buffet watcher. He thinks Mr Buffet is waiting for another shoe to drop. He believes Mr Buffet has probably looked at all deals that have come up in the financial sector. Until he gets involved in a deal, he does not think there will be a bottom in US financials. Mr Tilson writes a regular column for the Financial Times.