Now Could Be Buffett's Moment to Lend America a Hand
In a decade defined by the nation's need to invest in infrastructure, Berkshire Hathaway is uniquely positioned to help.
A growth investment Buffett can really get behind.
Photographer: Bloomberg
From a new presidential slogan of "Build Back Better" to an economy strained by supply chain problems everywhere, it's never been more clear that America is consumed with the need to invest heavily across a variety of industries to power growth in the years to come.
That still begs the question of who's in the best position to make those investments. When the need is in the hundreds of billions, if not trillions, of dollars over an indefinite time horizon, the list of potential players shrinks dramatically. Not many companies have the resources to do it in the private sector. Others aren't in the right industries or lack the expertise to make those kinds of investments — think Facebook or Apple. But one company with a famously long view that's been struggling with how to deploy its cash in recent years hinted in its annual letter last week that it's up to the challenge: Berkshire Hathaway Inc.