In this way I became acquainted with the world that lay behind the green curtain. The plays, generally, were of the spectacular order; without much literary merit, but well calculated to dazzle the eye of a youth of…
In this way I became acquainted with the world that lay behind the green curtain. The plays, generally, were of the spectacular order; without much literary merit, but well calculated to dazzle the eye of a youth of…
In this way I became acquainted with the world that lay behind the green curtain. The plays, generally, were of the spectacular order; without much literary merit, but well calculated to dazzle the eye of a youth of…
Another thing to be remembered about this so-called "octopus" is that there has been no "water" introduced into its capital (perhaps we felt that oil and water would not have mixed); nor in all these years has any one…
21:00 Figures · Investing · Modern investor letters
Warren Buffett:Berkshire 2010 Letter, Excerpt 3
Warren Buffett《Berkshire Hathaway 2010 Letter to Shareholders》· 2010 Chairman's Letter · Investing
Last year – in the face of widespread pessimism about our economy – we demonstrated our enthusiasm for capital investment at Berkshire by spending $6 billion on property and equipment. Of this amount, $5.4 billion – or 90% of the total – was spent in the United States. Certainly our businesses will expand abroad in the future, but an overwhelming part of their future investments will be at home. In 2011, we will set a new record for capital spending – $8 billion – and spend all of the $2 billion increase in the United States.
In this way I became acquainted with the world that lay behind the green curtain. The plays, generally, were of the spectacular order; without much literary merit, but well calculated to dazzle the eye of a youth of…