IMO $BRK hasn't created value. It has only stolen value from weak hands. Buffett's big innovation is using your car insurance payments to be a buyer of last resort.
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Replying to @LAForeverHall @valueterminal
The reasoning behind getting into hugely capital intensive businesses like electric utilities and railroads has been to find places to invest all that
$BRK money, how does that not create value and serve society?1 reply 0 retweets 2 likes -
Replying to @ConvexityCowboy @valueterminal
Doesn't surprise me at all that he likes those businesses. He's always been a monopolist and a crony capitalist and those businesses are both. Government guaranteed returns for utilities, and who can forget the massive land grants to subsidize the railroads. He's duping people!
2 replies 0 retweets 4 likes -
Replying to @LAForeverHall @valueterminal
Didn't you say you had given up trolling?
1 reply 0 retweets 3 likes
People don’t notice me when I’m earnest. If they want earnest content they should like earnest content. 
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