Berkshire Hathaway posts a 40% jump in operating earnings, cash pile of $157B

Re:Berkshire Hathaway posts a 40% jump in operating earnings... by Obscurity4340 on Monday November 06, 2023 @03:39PM (#38168645)

Is that right? We don't have housing issues, everybody has a doctor, everyone can not only read but critically reason and easily access education on a far more casual and less impactful way than as stands, nobody's using foodbanks, everybody is fully empowered to understand and be able to participate in voting, half your country isn't stuck in a temporal coal mine that goes nowhere but death and spreading its misery, I think there's many "unexplored" avenues that beat the shit out of "no, lets maintain the status quo. No problems there"

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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by s1artibartfast on Monday November 06, 2023 @04:07PM (#38169024)

I was coming at it from the angle of making positive long term investments (E.g. Growing the pie), opposed to simply shifting money and who gets services.

Most of the reasons why there is low housing, Healthcare, or food isn't due to lack of capital investment.

If you ask something like why isn't Healthcare cheap and abundant, it isn't because nobody can make money and isn't due to lack of investment.

If you give everyone, $1000 to go to the doctor, guess what, doctors prices will just go up $1000.

The only thing that really makes a difference is expanding supply.

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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by Obscurity4340 on Monday November 06, 2023 @06:20PM (#38170656)

Like students who can get into medical school should have that covered if they agree to render their services for a time.

Its absolutely asinine that everything is so high-stakes where you may very well end-up with 10s-100s of thousands of dollars with no material benefit and we also expect people to pull the full weight of preparing them to hopefully one day help that same public. Like the whole current configuration needs to get fucked and get someone to radically restructure so irs not so stupid and debillitating.

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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by Obscurity4340 on Wednesday November 08, 2023 @06:13PM (#38198611)

Can I ask you to evaluate the validity of that which I mentioned here? I don't see how all of this isn't elementary in the obviousness of its palpabillity and therefore, it agreeableness in some sense...(?)

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Re:Berkshire Hathaway posts a 40% jump in operating earnings... by danielmarkbruce on Monday November 06, 2023 @04:14PM (#38169115)

They aren't literally sitting on a pile of cash. This is government bonds. They have lent money to the government who is putting the money to work.

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