RSSCash is always a bad investment
Dec 28
Warren Buffett, Chairman & CEO, Berkshire Hathaway, said that money is always a bad investment because it is dangerous to develop over time. He also said that the dollar will be in 10-30 years is worth less. Buffett also talked about his recent investment in Burlington Northern Santa Fe Railroad, said adequate returns are good enough. Yet, incredibly, once in a lifetime … Well, it really was an extraordinary time and we approached a financial collapse. I’ve never seen, in some respects. Even if it is) more panic in the Great Depression (1930s, it came so quickly and unexpectedly. Fortunately, we had a government to respond to … I felt the end they came together. .. we had good people in Washington. And if we behave as a group of deer in the headlights, it would have been crushed.
I cannot think about this, but I can not name them. I think when the end would have been. Well, I thought, as an opportunity for a company that will buy it for about 100-200 years. It is interwoven inextricably linked to the U.S. economy. Flourishes in a way the U.S. economy if the business is flourishing. This is the most effective means of transporting goods into the country. This is the most environmentally friendly way of moving goods and these things will be very important. But the most important … Well, I mean, we cannot move the railway in China! Replace 280 trucks on the train lines and emits much less in the atmosphere as a truck and moves 40% of the goods. Well, we’ll have more people in this country, and we’ll use more goods over time. I’m sure it’s a bad year from time to time. And in the next 100 years, 15 years is bad. But I do not know if it is displayed. But I also know that the railways of the country will be essential.