Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar...
by mememachine on Saturday February 25, 2017 @12:15PM
(#13732522)
Slaves were expensive, not free (not to say they werent a contributing factor)
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Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar...
by cardiffspaceman on Saturday February 25, 2017 @11:11PM
(#13735628)
Expensive compared to what? Since this idea is a little counter-intuitive, can you suggest a search or link?
From this [0] I can only conclude that owners were paying for value and the price did go up over time, as did the price of cotton, but it looks like it was a good deal.
Re:Warren Buffett's Annual Letter to Berkshire Hathaway Shar...
by mememachine on Sunday February 26, 2017 @12:39AM
(#13735860)
Im not saying it wasnt a good investment for them (im sure it was), but it costs a lot of money not only to buy slaves, but to feed and take care of them.