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Why Did Warren Buffett Eviscerate Michael Kives?

Buffett bristles when friends or associates trade on his name without specific permission, even if he has praised them publicly.
Buffett bristles when friends or associates trade on his name without specific permission, even if he has praised them publicly. Photo: Daniel Zuchnik/WireImage
Matthew Belloni
June 29, 2023

By all accounts, Warren Buffett was pretty close to Michael Kives, the Clinton staffer turned “connector” talent agent turned investor and advisory firm manager. When Kives was at CAA, he represented Buffett, and booked him cameos in The Office and the Entourage movie. They spent Thanksgivings together, referred to each other as good friends, and about a decade ago, Kives interviewed Buffett at a CAA town hall event in front of the whole company. 

Kives also popped up in Buffett’s Berkshire Hathaway shareholder video in 2013. And when Kives left CAA in 2018 to launch K5 Global, his current firm, Buffett bestowed him with a nice quote for the press release: “I have known Michael for 10 years, and he is one of the most creative and well-connected professionals in his space.”