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  • Buffett and the Forever Fund [View article]
    Often reference is made to the fact that the RRs have fewer employees than before. They now hire private contractors, to do many jobs that were previously done by their own employees. Large construction equipment owned by the RRs and by the contractors does the work that earlier required several people to accomplish. The large equipment; does not suffer personal injury and the costs of employee benefits furnished by the contractors, such as retirement and unemployment are not as burdensome. Fewer people now but the work does get done. Check the track record.
    Nov 13 11:29 am |Rating: +2 0 |Link to Comment
  • Burlington Northern's New Engineer: Warren Buffett [View article]
    It was my privilege to attend the past two BRK annual meetings. It was estimated that 35,000 were there last May. The auditorium was full, it will be burdensome to accommodate a lot of new share-holders. Does it follow that options will be traded on the new share class?
    Nov 05 12:01 pm |Rating: 0 0 |Link to Comment
  • Warren Buffett Accumulates NRG Energy, Ingersoll-Rand and Union Pacific [View article]
    RonB, Thank you for your observation and post. A question that almost continually occupies my underdeveloped, long A & B mind is: Instead of concerning them selves with what Warren has done or is going to do, why don't they just join him?
    Aug 15 10:50 am |Rating: 0 0 |Link to Comment
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