Buffett nixar kol

"Within the last few months, most of the planned coal plants in the United States have been canceled, denied permits, or been involved in protracted litigation."

The upshot: Buffett keeps his finger in the wind and reacts quickly when he feels society shift. For this reason, his reversal on coal, though it may have been largely forced upon him, is significant nevertheless. As usual, Buffett has made the "smart move" a bit faster than some of his colleagues. Let's hope they take note and follow his lead.

http://gristmill.grist.org/story/2008/4/14/01432/7381


credit: http://finansblogg.com/