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The tech companies you've mentioned are not like Berkshire's model at all. Berkshire is a conglomerate that looks for proven, established, cash-flow-positive b
by LA_Banker 10y ago
The tech companies you've mentioned are not like Berkshire's model at all.
Berkshire is a conglomerate that looks for proven, established, cash-flow-positive businesses. See's Candy, for instance, requires no debt and is a sure bet every holiday season.
On the other hand, self-driving cars and WiFi balloons are extremely speculative and definitely aren't cash generating.