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Warren Buffett seems to specialize in the kind of monopolistic sectors that many other countries have chosen to nationalize, as there really isn't any 'competit
by photochemsyn 4y ago
Warren Buffett seems to specialize in the kind of monopolistic sectors that many other countries have chosen to nationalize, as there really isn't any 'competitive free-market model' that applies - namely, the power grid and the the railroads.
- s1artibartfast 4y agoWhich country has a nationalized candy industry?
- Drunk_Engineer 4y agoBelarus. https://en.wikipedia.org/wiki/Kommunarka_(confectionery_plant)#A_conflict_with_investors_and_nationalization https://en.wikipedia.org/wiki/Kommunarka_(confectionery_plan...
- danielmarkbruce 4y agoHe still has to buy the assets. He's not the only guy in town who can spot a monopoly. It's a tough game buying obviously good assets.