Free Republic 1st Qtr 2021 Fundraising Target: $88,000 Receipts & Pledges to-date: $81,343
92%  
Woo hoo!! And now less than $6.7k to go!! Let's get 'er done. Thank you all very much!! God bless.

Keyword: warrenbuffett

Brevity: Headers | « Text »
  • Warren Buffett again encourages investors to bet on America

    02/27/2021 8:20:14 PM PST · by Olog-hai · 13 replies
    Dissociated Press ^ | February 27, 2021 | Josh Funk
    Billionaire Warren Buffett encouraged investors to maintain their faith in America’s economy and the businesses his Berkshire Hathaway conglomerate owns in a reassuring letter to his shareholders Saturday. Buffett hardly even addressed the coronavirus that ravaged many businesses last year, instead focusing on the long-term prospects for the railroad, utility and insurance businesses and stocks that belong to Berkshire Hathaway. But he said U.S. business will thrive over time in spite of the pandemic. “In its brief 232 years of existence, however, there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic...
  • MARKETS Warren Buffett says ‘never bet against America’ in letter trumpeting Berkshire’s U.S.-based assets

    02/27/2021 5:36:22 PM PST · by nickcarraway · 7 replies
    CNBC ^ | SAT, FEB 27 2021 | Yun Li
    Warren Buffett, the 90-year-old “Oracle of Omaha,” remains a firm believer in the American dream, saying in his closely watched annual shareholder letter to “never bet against America.” “In its brief 232 years of existence ... there has been no incubator for unleashing human potential like America,” the chairman and CEO of Berkshire Hathaway wrote in the letter released Saturday. “Despite some severe interruptions, our country’s economic progress has been breathtaking. Our unwavering conclusion: Never bet against America.” Buffett shared a fact in the letter to illustrate Berkshire’s American credentials. He said the conglomerate owns the biggest amount of U.S....
  • Donald Trump Jr. exposes the real reason Biden is blocking Keystone XL: This has nothing to do with the environment or even politics. It's all about the Benjamins.

    01/22/2021 8:32:12 AM PST · by SeekAndFind · 19 replies
    NOQ Report ^ | 01/22/2021 | Lorie Wimble
    Even before Joe Biden was inaugurated as president, he and his team were calling for an end to the Keystone Pipeline. The fourth leg of the energy project, Keystone XL, has been delayed, then resumed, and now delayed again by three presidents since 2015.It attracted opposition from environmentalists, becoming a symbol of the battle over climate change and fossil fuels. At least that’s the story we’ve been hearing from mainstream media, environmental groups, and the Biden administration. But Donald Trump Jr. has a different, more lucid take on what’s been happening.Also worth noting it doesn’t end oil transportation it just...
  • Is Warren Buffett the Wallet Behind Black Lives Matter?

    10/08/2020 9:06:45 AM PDT · by Clioman · 11 replies
    The Tablet ^ | October 6, 2020 | Sean Cooper
    The Tides Network is a powerful instrument leveraged by billionaires working to change America, while shielding their philanthropic dollars from public scrutiny. Here’s how it works...In any case, what’s clear is that there is now a sophisticated and complex structure underneath what many assume to be an organic and spontaneous social movement, one with deep pockets and ambitious goals. “After over fourteen years of learning and over 700 million dollars invested ... "the collapse we have been expecting is surely underway,” reads the NoVo Foundation’s website.
  • Warren Buffett campaigned for Obama and Clinton, but hasn't donated to or spoken out for Biden – and no one knows why

    09/14/2020 9:22:46 PM PDT · by ameribbean expat · 20 replies
    This time four years ago, Warren Buffett was publicly campaigning for Hillary Clinton, even planning a trolley ride to the polls with Omaha voters. The billionaire’s schedule looks a little different ahead of the 2020 election, however. Notably, it lacks any public political engagements. Buffett has yet to raise funds or campaign for this year’s Democratic presidential nominee, former vice-president Joe Biden
  • Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    08/18/2020 8:45:37 AM PDT · by Red Badger · 56 replies
    NY Post ^ | August 17, 2020 | 4:22pm | By Thornton McEnery
    Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 million shares in Goldman Sachs. The 89-year-old investing icon’s sudden embrace of the precious yellow metal — which has has previously derided as “useless,” saying that “anyone watching from Mars would be scratching their head” at the idea of investing in it — took many...
  • California governor asks Warren Buffett to back dam removal ( Klamath River - hydro-electric green energy )

    07/31/2020 12:17:58 PM PDT · by george76 · 66 replies
    ap ^ | July 30, 2020 | Robert Jablon,
    Gov. Gavin Newsom has appealed directly to investor Warren Buffett to support demolishing four hydroelectric dams on a river along the Oregon-California border ... which would be the largest dam removal in U.S. history. The dams are owned by PacificCorp, an Oregon-based utility that is part of Buffett’s Berkshire Hathaway Inc. conglomerate. The $450 million project would reshape California’s second-largest river and empty giant reservoirs. ... Newsom supports a 2016 agreement under which PacifiCorp would transfer its federal hydroelectric licenses for the dams to a nonprofit coalition, the Klamath River Renewal Corp., that was formed to oversee the demolition. ......
  • Diversify? Almost half of Warren Buffett’s Berkshire Hathaway portfolio is now composed of a single stock

    07/08/2020 8:33:52 AM PDT · by SeekAndFind · 39 replies
    Market Watch via Yahoo Finance ^ | 07/08/2020 | By Shawn Langlois
    Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The take-away: Load up on what you know. Even if it’s a tech stock, apparently. A recent peek into Buffett’s Berkshire Hathaway BRK.A, BRK.B, $214 billion portfolio underscores that the Oracle of Omaha is following his own advice, considering how much stock Berkshire has accumulated in Apple AAPL. Buffett, thanks to Apple’s stellar run, now owns more than $91 billion’s worth of the iPhone maker, which constitutes 43% of the total Berkshire pie, according to figures cited by the...
  • Two Women Charged with Offenses Related to Pipeline Attacks

    10/04/2019 11:07:08 AM PDT · by yesthatjallen · 20 replies
    USAO - Iowa ^ | October 2, 2019 | Staff
    DES MOINES, Iowa – On September 19, 2019, a federal grand jury returned an Indictment charging defendants, Jessica Rae Reznicek and Ruby Katherine Montoya, with one count of conspiracy to damage an energy facility, four counts of use of fire in the commission of a felony, and four counts of malicious use of fire, announced United States Attorney Marc Krickbaum. Montoya was recently arrested in the District of Arizona and detained pending court proceedings to determine her appearance in the Southern District of Iowa. Reznicek appeared in Des Moines on October 1, 2019 and was conditionally released pending trial. Trial...
  • New Data Shows Evidence of Short Seller Attack on Market — Trump Must Reinstate Uptick Rule Immediately to End the Market Crisi

    03/13/2020 12:00:46 AM PDT · by bitt · 35 replies
    GATEWAY PUNDIT ^ | 3/12/2020 | Frederic Sauer
    Main Street investors have increased their buying of stocks during the current market downdraft. Where is all the selling pressure coming from? Wall Street short sellers are attacking the market to make a killing, tank the economy, and get Trump out of office. Trump must reinstate the uptick rule to stop this now! Recent data shows that main street investors have increased their buying of stocks during the current dramatic downturn. And yet the market is tanking—the Dow closed down 9.99% today. Where is all the selling pressure coming from? It is from short sellers who are using the coronavirus...
  • Warren Buffett warns coronavirus will affect business, but he 'certainly won’t be selling' stocks

    02/24/2020 8:56:06 AM PST · by DEPcom · 5 replies
    Yahoo Finance ^ | 2-24-2020 | Sam Ro
    Warren Buffett warns coronavirus will affect business, but he 'certainly won’t be selling' stocks
  • The Buffalo News and 30 other newspapers have been sold

    01/29/2020 10:18:31 AM PST · by yesthatjallen · 26 replies
    Syracuse.com ^ | 01 29 2020 | Sunny Hernandez
    Founded in 1881, The Buffalo News will have its third owner in its nearly 140-year history, thanks to a sale to Lee Enterprises. Spectrum News reports that the sale, for $140 million in cash, includes the Berkshire Hathaway Media Group publications with print and digital operations of 30 daily newspapers and more than 49 paid weekly publications and 32 other print products. Lee has managed the BH Media Group since the summer of 2018. For The Buffalo News, the sale announced Wednesday morning signals the end of a 40-year ownership by Warren Buffett. Lee Enterprises will be the third owner...
  • A $1 Billion Solar Plant Was Obsolete Before It Ever Went Online (costing taxpayers $737 million)

    01/07/2020 8:57:09 AM PST · by karpov · 22 replies
    Bloomberg Businessweek | January 6, 2020 | Chris Martin and Nick Querolo
    No excerpt from Bloomberg allowed, story here. Another article, ungated: This $1 billion solar plant was obsolete before it ever went online. The article says taxpayers are liable for $737 million in loan guarantees. The waste in a Green New Deal could be in the trillions.
  • The Nevada Crescent Dunes Thermal Solar Plant: Another Expensive Solar Scheme Bites the Dust

    01/08/2020 6:46:38 AM PST · by SeekAndFind · 29 replies
    American Thinker ^ | 01/08/2020 | Norman Rogers
    The purveyors of solar energy are working overtime to spin the now official failure of the Crescent Dunes thermal solar plant in central Nevada. The contracts to purchase the electricity from the constantly broken plant will be voided. Bloomberg Businessweek claims that Crescent Dunes was obsoleted by technological advances in the form of photovoltaic based solar plants. That is nonsense and misses the whole point of the Crescent Dunes project. It also misses the reality that all utility-scale solar is a failure — not marginal, not growing into being practical, but a total and complete failure. The scalable forms of...
  • Warren Buffett Laments SJW Companies: ‘This Is the Shareholders’ Money’

    01/02/2020 10:41:26 PM PST · by aquila48 · 37 replies
    Money&Markets ^ | Jan 2, 2020 | JT Crowe
    "Legendary investor and Berkshire Hathaway founder and CEO Warren Buffett said it’s high time companies stop acting as moral arbiters, social activists and SJWs — social justice warriors — and instead focus their efforts on their primary responsibility: making money for their shareholders. This comes alongside the announcement that Berkshire Hathaway is pouring about $30 billion into wind turbines and infrastructure in Iowa. The plan, according to Buffett, is to turn the state into “the wind capital of the world, the Saudi Arabia of wind.” Among the corporate consensus these days is a call to be “doing well by doing...
  • MORE EVIDENCE THAT WE SHOULDN’T TAKE ADVICE FROM CLIMATE ACTIVISTS

    12/19/2019 10:44:06 AM PST · by DFG · 19 replies
    Powerline ^ | 12/19/2019 | JOHN HINDERAKER
    In western Massachusetts, a group of a dozen or so climate activists tried to stop a trainload of coal heading for a power plant in New Hampshire…by standing on the railroad tracks in front of the train. Evidently they thought the train could, and would, screech to a halt. This short video is dark and doesn’t show much, but it conveys some sense of why this was a poor idea:
  • Fiona Hill says that she heard Putin describe American fracking as a 'great threat' to Russia

    11/21/2019 1:35:10 PM PST · by MassMinuteman · 36 replies
    Washington Examiner ^ | Philip Klein
    Former National Security Council official and Russia expert Fiona Hill on Thursday testified that she heard Russian President Vladimir Putin at a 2011 conference describe American fracking as a "great threat" to Russia, a position he has emphasized ever since. The recollection came out at a point in the impeachment hearing when Rep. Mike Conaway of Texas was asking Hill about Putin's propaganda efforts in the United States, at the center of which is the television channel RT, which pushes anti-fracking messaging. Hill agreed that Russia saw the growth of U.S. fracking as a threat given that it undermines Russia's...
  • Gov. Newsom calls for Warren Buffett to buy PG&E as widespread power shutoffs continue

    10/28/2019 7:05:23 AM PDT · by outpostinmass2 · 67 replies
    Sacromento Bee ^ | 10/27/19 | Hana Wiley and Dale Kasler
    Calls to transition the troubled Pacific Gas and Electric Co. into a public utility intensified Sunday, as nearly 1 million customers lost power throughout California and the Kincade Fire blazed through Sonoma County. A day earlier, Gov. Gavin Newsom told Bloomberg he would encourage Warren Buffett’s Berkshire Hathaway to make a bid for PG&E. “We would love to see that interest materialize, in a more proactive, public effort,” he said Saturday. Berkshire Hathaway’s energy subsidiary is heavily invested in the utility business, in California and elsewhere. It owns multiple solar farms, including a 550-megawatt facility in San Luis Obispo County...
  • Rising California Gasoline Prices Highlight Growing Divide in U.S.

    10/24/2019 6:12:49 AM PDT · by karpov · 33 replies
    Wall Street Journal ^ | October 23, 2019 | Amrith Ramkumar
    The price at the pump was more than $4 a gallon in Vista, Calif., when Scott Hissem recently embarked on a trip to Texas to celebrate his 40th birthday. When the delivery associate for Amazon.com Inc. arrived in the Lone Star state, he got an unexpected present: Gasoline cost just $2 and change. The gap has Mr. Hissem considering a move to escape California’s high cost of living. “It makes life hard,” Mr. Hissem said of California, which is the most populous U.S. state and the one with the highest gasoline prices. “You can’t go out and do the things...
  • Gov. Gavin Newsom wants investigation of state's high gas prices

    10/22/2019 2:55:11 PM PDT · by tcrlaf · 43 replies
    ABC7 ^ | 10-22-2019 | AP
    California's governor has asked the attorney general to investigate why the state's gas prices are so high, pointing to a new report suggesting big oil companies are "misleading and overcharging customers" by as much as $1 per gallon. Name brand retailers - including 76, Chevron and Shell - often charge more because they say their gasoline is of higher quality. But a new analysis from the California Energy Commission could not explain the price difference, concluding "there is no apparent difference in the quality of gasoline at retail outlets in the state." The commission said California drivers paid an average...