tl;dr: In his latest letter to investors, Warren Buffett says that climate change and what he sees as higher regulatory standards are making it harder for private utilities to make money.
Let’s hope so.
Why should profits be made on utilities? Revenue should cover costs and future maintenance/expansion. Simply, all savings passed on to consumers.
Privatizing Utilities – Anyone who thinks Government should be run like a Business hasn’t thought nearly enough about either one.
How many of you pay taxes?
Yeah, I’ve always found it weird that we let any critical infrastructure become privately owned. That could go wrong in so many ways.
Warren is a smart guy. I followed his advice and put 50% of my money in services the govt uses and it has paid off on the war stocks. He came up with this idea that if the government will always take half the money from everyone and spend it on themselves and their cronies, they you must put 50% of your investments in Crony industries like MIC ( Lockheed, Boeing, etc) that way you don’t pay taxes because the money comes right back to you. Smart guy, and I did that and sure enough, they keep giving money to Ukraine and it comes right back to me. Man what a scam!
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tl;dr: In his latest letter to investors, Warren Buffett says that climate change and what he sees as higher regulatory standards are making it harder for private utilities to make money.
Let’s hope so.
Why should profits be made on utilities? Revenue should cover costs and future maintenance/expansion. Simply, all savings passed on to consumers.
Privatizing Utilities – Anyone who thinks Government should be run like a Business hasn’t thought nearly enough about either one.
How many of you pay taxes?
Yeah, I’ve always found it weird that we let any critical infrastructure become privately owned. That could go wrong in so many ways.
Warren is a smart guy. I followed his advice and put 50% of my money in services the govt uses and it has paid off on the war stocks. He came up with this idea that if the government will always take half the money from everyone and spend it on themselves and their cronies, they you must put 50% of your investments in Crony industries like MIC ( Lockheed, Boeing, etc) that way you don’t pay taxes because the money comes right back to you. Smart guy, and I did that and sure enough, they keep giving money to Ukraine and it comes right back to me. Man what a scam!