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Ep 348. Warren Buffett’s 2021 Letter to Berkshire Hathaway Shareholders: Highlights & Our Thoughts

Focused Compounding

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The Railroad, You Know, Is a Good Idea?

The railroads have been around now for a, you know, we're getting close to 200 years from the beginning of the railroads in the us. Ye, i thought that was interesting. Se lot of times he doesn't make, i guess, predictis lake at a time, he said, like now for the next hundred years. He cut it made a little bit of green pitch as well. The railrailroad, the ralroads very, very green, ye. And berkshire pays for all this with its railroad, as do all the other railroads. Now, they aren't a good return, especially good leverage return. Send there loud and that's b

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