Buffett Criticized By Some For Tax Inversion Play

Warren Buffett’s recent investment in Burger King Worldwide Inc (NYSE:BKW) related to the acquisition of Canada’s Tim Hortons Inc. (NYSE:THI) (TSE:THI) and a potential tax inversion deal has drawn scorn.  It raises the question: Is Warren Buffett a hypocrite, as is being implied? Or perhaps is there a second explanation that actually supports Buffett’s decision based on his previous “investing is blind to taxes, it’s all about the deal” documented mantra? Asness analyzes Buffett’s investment in Burger King In a tweet today, Cliff Asness, founder of AQR Capital Management, a titan in the algorithmic trading community, makes a discretionary value judgment…