Ep 390. The Omaha Experience: Our Take on Berkshire’s AGM
Focused Compounding
00:00
The Importance of Cap Allocation
"They're taking a real resource out of the ground. Sometimes it's their choice because they're the operator and stuff sometimes it's not really," he said. "It's just terrible, you know, so like to sell oil to pay off long term debt at 5% or something is insane." He added that Berkshire Hathaway has too much capital to deploy across the whole energy industry.
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