Warren Buffett：Berkshire 2010 Letter, Excerpt 3

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.

Source： https://www.berkshirehathaway.com/letters/2010ltr.pdf
Locator：2010 Chairman's Letter, excerpt 3 · Verified：2026-10-19 · Verification：Short excerpt

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