Give Buffett Credit: He Tells It Straight [View article]
Warren loved that story of building low cost homes for the masses. Sell them a trailer home. Get them into a trailer park and charge them rent for the land. Charge them for services. Build a corner convenience store and charge them for milk and bread. Build a gas station and get them that way. Put Geico advertisements in their mailboxes and sell them insurance. Get them hooked and up the prices 5% every year.
n Mar 01 11:11 PM Borscht wrote:
> Clayton Homes has come up recently I don't know where, maybe in his > annual report. Let's hear the whole story. Let's hear exactly how > he wrestled Clayton Homes from its true shareholders.
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Warren loved that story of building low cost homes for the masses. Sell them a trailer home. Get them into a trailer park and charge them rent for the land. Charge them for services. Build a corner convenience store and charge them for milk and bread. Build a gas station and get them that way. Put Geico advertisements in their mailboxes and sell them insurance. Get them hooked and up the prices 5% every year.
Mar 01 23:20 pm
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All Comments by drone »Give Buffett Credit: He Tells It Straight [View article]
n Mar 01 11:11 PM Borscht wrote:
> Clayton Homes has come up recently I don't know where, maybe in his
> annual report. Let's hear the whole story. Let's hear exactly how
> he wrestled Clayton Homes from its true shareholders.