RE: Massive UT20 Jun 2022 15:44
Lending/it wasnt only Amazon ,they also turned down Google and a few others like Microsoft .To be fare to Buffett/Munger they admit that in their annual results there should be a section on "lost opportunities". Basically they wont touch anything where they cant see forward earnings. Thats why they dont touch technology ,until late in the day, when they have a moat, like Apple. I am not interested in making a profit or the fall in the SP. To me this is a "land grab" situation,i want growth