Stanley Druckenmiller On Buffett And IBM: 'One Of Us Will Be Right And One Of Us Will Be Wrong' - Berkshire Hathaway Inc. Common Stock (NYSE:BRK/A), Berkshire Hathaway Inc. New Common Stock (NYSE:BRK/B)

Berkshire Hathaway Inc. (NYSE: BRK-B)(NYSE: BRK-A) chairman and CEO Warren Buffett recently gave an interview with CNBC, in which he explained why he is increasing his stake in International Business Machines Corp. IBM and continues to be bullish on the stock.

That might be good news for IBM and its shareholders; however, many investors and analysts, including renowned hedge fund manager

Stanley Druckenmiller

, disagree with Buffett's views.

Contrasting Buffett's interview, Druckenmiller was on

CNBC

recently to explain his alternate view.

No Disrespect Of Buffet's Opinion

“I saw the interview with Mr. Buffett and the other thing he said is, ‘An investor should never let someone else's opinion drive their decision on stocks.' Mr. Buffett and I have a different opinion on IBM; I certainly respect his opinion, but I have my own,” Drunkenmiller stated.

Two Sides Of The Same Coin

Druckenmiller continued, “My guess is, looking at the situation, he thinks IBM's problem is cyclical. I think it's secular, and if you think a company has a secular problem – particularly the sales being lower than they were six years ago when the economy was much worse – the last thing they should be doing is buying back stock. “But, if it is a cyclical problem, I am sure it'll work out. “But the market will fair this out, and one of us will be right and one of us will be wrong,” he concluded.

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