The best overall regulation the U. S. could impose is to limit the size of every financial institution so that the possibility of out right failure guides every actor.
Tuesday, April 7, 2015
Warren! I Smell a Rat
As a longtime follower of Warren Buffet and the Berkshire Hathaway Company I read his annual shareholders report. He has waxed eloquent about 3G Capital of Brazil with whom he has invested in buying Heinz and now Kraft Foods. Giant Food Companies Pay Later, Squeezing Their Suppliers headline in the business section of the New York Times puts in doubt the efficacy of Warren's investment with this crowd. The failed investment in Tesco, the English supermarket chain, will look good in retrospect.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment