Hopefully the Pacificorp divestment signals to regulators that Berkshire is serious about exiting markets where the regulatory/legal situation makes no sense. No other company is more likely to put in the investments needed to improve the grid, harden it against future wildfires, etc…
Hopefully sanity will prevail. I would think states would be falling all over themselves to get BHE (and its capacity for future investment) to come into their markets, not drive them away.
Hopefully the Pacificorp divestment signals to regulators that Berkshire is serious about exiting markets where the regulatory/legal situation makes no sense. No other company is more likely to put in the investments needed to improve the grid, harden it against future wildfires, etc…
Hopefully sanity will prevail. I would think states would be falling all over themselves to get BHE (and its capacity for future investment) to come into their markets, not drive them away.
I cant wait to hear Kingswell on NY Times! I’m going to be resubscribing just for that.
Thanks! Have a wonderful weekend!
Just yesterday I wrote a post about why I think Warren bought the NYT. I share it for those who want to read it. https://thequalityletter.substack.com/p/why-buffett-bought-the-new-york-times
Thanks for sharing! I'll link to this in next week's newsletter.