Why Warren Buffet Disdains The Private Equity Crowd

Strange article. Not much content about what Buffet actually thinks and it goes onto some sort of political diatribe against Mitt Romney.

In my opinion PE shops fill a different sort of gap. Whereas Buffet benefits by buying a company that is extremely well managed, PE shops can sometimes create value by changing the management team of a company that is not optimally run.

Mitt Romney's track record at BCG, Bain, and Bain Capital should be examined, but I don't understand why it's in an article about Warren Buffet.