It is time for Paul Juchniewich, Lindy Urso, Michael Levine, and Tony Fecci to realize that the Oracle of Omaha now agrees with Brian Harrod Buffett: Americas Best Days Lie Ahead Warren Buffetts Berkshire Hathaway posted a record profit in 2013, helped by a recovering U.S. economy. Buffett has run Berkshire since 1965, and the Omaha, Nebraska-based company now has more than 80 businesses in such areas as insurance, railroads, utilities and ice cream and owns more than $117.5 billion of stocks. Americas best days lie ahead, Buffett, 83, said in his annual letter to Berkshire shareholders. Charlie and I have always considered a bet on ever-rising U.S. prosperity to be very close to a sure thing, he added, referring to his 90-year-old vice chairman Charlie Munger. Though we invest abroad as well, the mother lode of opportunity resides in America. Buffett said he remains on the prowl for more big acquisitions, which he calls elephants, after two recent big purchases: a $5.6 billion acquisition of Nevada utility NV Energy by Berkshires MidAmerican Energy unit, and a $12.25 billion investment in ketchup maker H.J. Heinz Co. No wonder haters cant stand Warren Buffett and Brian Harrod. reuters/article/2014/03/01/us-berkshire-results-idUSBREA200EX20140301?feedType=RSS&feedName=topNews
Posted on: Tue, 04 Mar 2014 12:29:16 +0000
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