Tuesday, 7 April 2015

Warren Buffett's mobile home empire preys on the poor

quote [ Denise Pitts walked into the pawn shop not far from where she bought her mobile home in Knoxville, Tennessee, and offered up her wedding rings for $100. Her marriage wasn?t over, but her husband was battling cancer and, Pitts said, her mortgage company told her the only way to keep a roof over his head would be to sell everything else. ]

BRK.A seems extremely overvalued in light of practices like this.
[SFW] [Big Brother] [+4 WTF]
[by windex@3:42pmGMT]

Comments

satanspenis666 said @ 5:01pm GMT on 7th Apr [Score:1 Interesting]
Anyone who thinks that Berkshire Hathaway is made up of safe, long-term investments like Coca-Cola is greatly misinformed. BH acts more like a hedged fund than a holding company. BH is heavily invested in financials, such as insurance, reinsurance, Amex, Wells Fargo, Goldman Sachs, Bank of America. This shouldn't come to anyone as a surprise. However, Buffet does have this public persona that he got where he is today, by being a safe businessman. Don't drink the Kool-aid.
lilmookieesquire said[1] @ 7:08pm GMT on 7th Apr [Score:1 Underrated]
Hey!

Warren Buffett earns his money fair and square by directly exploiting the poor (vs by feeding them fake news). It's the kind of hard honest work that our country was built on by our one percenter railroad and oil barren forefathers. Show some god damned patriotism will you?

Brought to you by Lilmookies for American Values and Freedom pac
lilmookieesquire said @ 7:41pm GMT on 7th Apr
Also the book I posted previously: "One Nation Under God: how Corporate America Invented Christian America" is really really good.
HP Lovekraftwerk said @ 8:13pm GMT on 7th Apr [Score:1 Sad]
No it's not!

And by that I mean, it's not good it had to be written, much in the same way a well-crafted treatise called "How A Modest Proposal Fed A Nation, The Continued Popularity of Human Flesh Consumption" would be awful if it were factual.
mechavolt said @ 9:36pm GMT on 7th Apr [Score:1 Good]
The interview with the author that NPR did was really interesting. I might have to pick this one up.
lrdcthulu said @ 2:51pm GMT on 8th Apr
Yeah, I'm looking forward to reading my copy - I've just got to get through the other two books I am reading first. =P

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