Warren Buffet Is a Standout Among Top CEOs

To the Editor:

Last week’s cover story, “Meet the Top CEOs of 2025” (June 20), is Corporate America’s version of the Emmy awards. This self-congratulatory beauty pageant ironically contains Warren Buffett. Ironic, not because Mr. B isn’t a genius investor, but because one of his sayings is that he only invests in companies that an idiot can run, because one day an idiot will run them.

Lee Hoffman

Lakewood Ranch, Fla.

To the Editor:

Mr. Buffett should be praised for his ethical standards (“Warren Buffett Leaves a Brilliant Legacy as He Prepares to Step Down as Berkshire’s CEO,” Top CEOs, June 20). It’s a shame that so many of his contemporaries can’t stand up to them. His integrity is what I admire most.

Edward Troup

On Barrons.com

Numbers Game

To the Editor:

It would seem that GAAP should now stand for Generally Avoided Accounting Principles (“Companies Keep Issuing ‘Stupid’ Earnings for One Simple Reason: It Makes Them Look Better,” June 18).

While there are certain situations where non-GAAP reporting might give investors a better understanding of an extraordinary event, to use non-GAAP as the standard reporting method is just plain wrong and often inconsistent and misleading. Companies must report their earnings to the SEC using GAAP, and they should report to their investors using the same standard.

Arthur Shatz

On Barrons.com

To the Editor:

Barron’s should dig deeper into non-GAAP reporting. Look at abusers and report specifically what their egregious adjustments are. Embarrass them. A little Alan Abelson–like exposé. Keep the stories coming for months or longer. Explain why Wall Street analysts always use non-GAAP to mislead investors. There are plenty of companies to choose from.

Robert Moskowitz

On Barrons.co m

Card Tricks

To the Editor:

Regarding the high fees charged for premium credit cards, nearly all of the so-called perks of these posh cards can be obtained only by spending more money (“Premium Credit Cards Are Getting Pricier. Do the Perks Match the Fees?” June 20). Give me American Express Blue for gas, groceries, and drugstores (5% cash back) and Fidelity for everything else (2% cash back). Actual cash in my pocket, thank you very much. No annual fees for either card.

Michael Uth

On Barrons.co m

To the Editor:

For me, the benefits revolve around travel. Trip insurance and medical evacuation are extremely expensive but are included with my Sapphire Reserve card when I use it to make my reservations.

Peter Broido

On Barrons.com

Send letters to: mail@barrons.com. To be considered for publication, correspondence must bear the writer’s name, address, and phone number. Letters are subject to editing.