For over a year, there were increasing questions about what Chairman Warren Buffett was up to with the $128 billion dollar cash pile hoarded by Berkshire Hathaway a year ago. Where would that cash be deployed? In 2020, the aging Buffett-led Berkshire began to shed airline stocks as the pandemic or “plandemic” developed in 2020.
More recently, Buffett’s Berkshire Hathaway began investing in the pharmaceuticals industry, sometimes referred to collectively as Big Pharma. At the same time, in the era of more limited travel, Buffett shed airline stocks.
The screen captures above and below paint a quick picture. There have been billions in other moves too, as Buffett’s Berkshire has made several moves that some might deem uncharacteristic.
Agree or not, Buffett himself says he thinks long term. He preaches the “castle and moat” – durable competitive advantages. Buffett says he wants to have sharks, piranhas, gators or whatever he can throw into the moat to make it difficult for his competitors.
Take that seriously.
Beyond capital, there are perhaps few things more impactful than the COVID19 related restrictions, the lack of peace, law and order in certain parts of the country, and the power that can be deployed by controlling or influencing the levers of government.
How to respond to the array of threats by Buffett, Bill Gates, and his fellow billionaires assault on our industry and American life?
Additional Information, MHProNews Analysis and Commentary
Buffett and his allies that have been stealthily as well as openly building what even Democrats like Governor Jerry Brown (CA-D) have called years ago a feudalistic type society.
There are few if any things that can be more import than to get your congressional rep and two senators to #StopTheSteal. Donald J. Trump was elected to drain the swamp and level the playing field between Main Street and Wall Street.
How to Contact Your Elected Officials
Elected Officials | USAGov
To learn more, see the new Masthead linked below, and the more detailed report that follows it.
To learn more, check out the linked and related reports above and below.
That’s a wrap on this installment of manufactured housing “Industry News, Tips, and Views Pros Can Use” © where “We Provide, You Decide.” © ## (Affordable housing, manufactured homes, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHLivingNews.com.
Tony earned a journalism scholarship and earned numerous awards in history and in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position, and may or may not reflect the views of sponsors or supporters.
Connect on LinkedIn: http://www.linkedin.com/in/latonykovach
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