Berkshire added the sixth “powerhouse”, which is Precision Castparts Corp for manufacturer aerospace components.
Haha I liked this quote – “utility was the only business that would automatically earn more money by redecorating the boss’s office”.
When technology changes “destroyed” some industries, what to do? Buffett suggested a better safety net for those “who are willing to work but find their specific talents judged of small value because of market forces. “. Well said I think.