BUFFETT'S WISDOMBUFFETT'S WISDOMIt was the time of year when disciples from Bangkok to Baltimore make their annual pilgrimage pilgrimage Journey to a shrine or other sacred place undertaken to gain divine aid, as an act of thanksgiving or penance, or to demonstrate devotion. Medieval Christian pilgrims stayed at hospices set up specifically for pilgrims, and on their return trip they wore on their to Omaha to hear the sage speak--even if Warren Buffett's clairvoyant credentials seem a tad tarnished, given Berkshire Hathaway's 36% stock drop since its peak last year. On May 2 the 78-year-old zillionaire zil·lion·aire n. Informal One having an immense, incalculable amount of wealth. [zillion + (million)aire.] told shareholders that he remains outraged by CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. pay in the U.S. He said Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. , of which he owns a big chunk, is a solidly capitalized bank, and that derivatives aren't inherently "evil." But on one matter of intense concern to his acolytes, the question of succession, Buffett resembled the Oracle of Delphi--and shed zero light. 
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