My view on Credit Cards: from both sides

Reading Time: 2 minutes (Update 23Apr09) It seems Obama administration is going to make credit card more consumer friendly (marketWatch). So are they going to socialize the credit card: I mean, you and me (i.e., honest guys) pay the credit cards on time each month, will bail out the deadbeats, after we bailed out the Wall Street ??? We… Continue reading My view on Credit Cards: from both sides

Questions for Warren in this year annual shareholder meeting

Reading Time: < 1 minute Also collected here. 1. Why invest in Utilities? Does not Utilities need a lot of capital, what’s the difference between Utilities and the original Berkshire (BRK.A, BRK.B) textile business? You did explained in your letter that utilities can deploy capital for a decent return. And I read this old article “Why Buffett is buying utilities”… Continue reading Questions for Warren in this year annual shareholder meeting