Berkshire Hathaway


What’s bad for the environment is also bad for the bottom line. That’s what Warren Buffett is arguing in the latest sustainability report from Johns Manville, a building-materials manufacturer owned by Buffett’s company Berkshire Hathaway. In a short note toward the beginning of the report, Buffett writes that “taking shortcuts is not the pathway to achieving sustainable competitive advantage, nor is it an avenue toward satisfying customers” — evidently a reference to the importance of keeping a business green-friendly and compliant with rules. Buffett — investor, philanthropist, tax-the-rich cheerleader and occasional Obama whisperer — seems to put great stock in the idea that environmental prudence goes hand-in-hand with profit.


With government incentives and long-term contracts, what is there not to like?

Billionaire investor Warren Buffet has turned into something of a sage. As a long-term value investor, his decisions are followed with great interest. So when MidAmerican Energy Holdings, the utility arm of Berkshire Hathaway, bought First Solar’s 550 MW Topaz Solar Farm Power Plant in San Luis Obispo, California for an undisclosed amount, everyone took note. Keep reading →

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