2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP548: Berkshire Hathaway Masterclass 2023 w/ Chris Bloomstran

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Role of Regulated Returns in Electricity

In electric utilities, they're largely monopolies, granted permission to operate by the various state regulatory commissions. You wouldn't build a nuclear plant or wind farm unless you knew you were going to be allowed to make a return. And so to incentivize somebody who go out and build power to sell on a price cap basis, you've got to allow that monopoly,. an acceptable economic return.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode