söndag, februari 27, 2011

Berkshires årliga brev

Läs om BNSF och MidAmerican.


MidAmerican will have 2,909 megawatts of wind generation in operation by the end of 2011, more than any other regulated electric utility in the country. The total amount that MidAmerican has invested or committed to wind is a staggering $5.4 billion. We can make this sort of investment because MidAmerican retains all of its earnings, unlike other utilities that generally pay out most of what they earn.

http://www.berkshirehathaway.com/letters/2010ltr.pdf

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