In this particular investment case Buffett most likely saw two things very clearly. First, Dempster Mill, which could be dismissed at first glance as a dead business, was in fact not in the midst of suffering a quick collapse.The business had been stagnant and was not making much profit, b...
private capital is flowing there too. Bill Gates, Mark Zuckerberg, Jeff Bezos, Jack Ma and other tech titans recently committed $1 billion to launching anew, low carbon energy fund. Warren Buffett’s company is busy investing in new solar and wind energy projects, including...
Meanwhile, the company's traditional energy businesses could stand as an investor buffer. A MidAmerican spinoff would also give investors a safer, Buffett-like investment in renewable energy after publicly traded solar and wind energy stocks in the U.S. were battered by commodity price ...
largely because Buffett opposed them. Abel's background as head of the division that built out the company's wind and solar energy operations should please climate activists who have pushed the company to make changes.
Now, a good bit of that is in the rail business and the energy business. BECKY: Right. BUFFETT: But there —there’s a lot to do. And incidentally you hear a lot about infrastructure and, you know, the terrible shape it’s in. BECKY: Right. BUFFETT: The rail industry’s ...
Warren Buffett takes charge Warren Buffett hasn't just seen the car of the future, he's sitting in the driver's seat. Why he's banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. EMAIL | PRINT | SHARE | RSS By Marc Gunther...
The layoff announcement came at the end of an early 2012flurry of financingsand purchases of wind projects led by famed investor Warren Buffett’s MidAmerican Energy Holding Company’s investment in the development of 407.1 megawatts of new capacity inIowa. ...
BUFFETT: It was just jumping in the pool, basically. The nice thing about the investment business is that you don't need very many deals to succeed. In fact, if when you got out of business school here, you got a punch card with 20 punches on it, and every time you made an invest...
There are three ways that we can increase the value of your investment. The first is always front and centerin our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth orby making acquisitions. Today, internal opportunities deliver far better ret...
Buffett said that inflation is the most important problem that needs to address. Printing money all the time is insane and we should not continue to do so. 10. New Energy Investment Buffett emphasized that Berkshire Energy (BHE) actually produces the most wind and solar power in...