Choices of right or wrong are not presented to you in black and white. If they were, I'm sure most people would choose white.
Capital isn't this pile of money sitting somewhere; it's an accounting construct.
Home ownership was the fig leaf for the rise in subprime lending. But that was really about cash-out refinancings, not buying homes.
Privatization of assets that most of us consider public goods - like airports and highways - has a long, often-uncontroversial history.
When Warren Buffett invests in a company, he is conferring upon that company something very unique: his credibility.