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Warren's Purchase of $62 Billion Worth of Energy Shares Squarely Presents That Question
I like strong brands. And it just so happens that among the strongest brands are in what areas you just described. I am led there by my sense that those businesses are good. A very certain reinvestment rate, they're strong businesses. As far as sort of societies demands from them,. I sort of let society make those demands. There's a host of things I probably wouldn't invest in. But I'm sure I invest in things that others wouldn't. For example, energy, Exxon, we don't own it on behalf of clients. We may wish it weren't so, but we'll be with oil for a very long time. The world's not going to be happy if