WARREN E. BUFFETT is no fan of investment bankers. He prefers to broker his own deals and investigate companies the old-fashioned way -- by reading balance sheets, preferably with his feet up and drinking a cherry Coke.
But Mr. Buffett, the legendary investor and chairman of Berkshire Hathaway, got a little help recently from a man he described on "Charlie Rose" last week as "a friend." This "friend" persuaded the Oracle of Omaha to invest $5 billion in Goldman Sachs and then $3 billion more in General Electric.
The man is Byron Trott, 49, and he is vice chairman of investment banking at Goldman Sachs. He is perhaps the only banker Mr. Buffett will take calls from.