In Case You Missed It:
Salt Batteries (WSJ)
Amazon’s Entry into LTL Shipping
Dan Carlin Alexander the Great - Part IV
h/t Joe Koster I listened to the first three of these in succession and can’t wait to dig into this one!
Why Boring Businesses Win - The fight against entropy.
This Week in Berkshire History
August 7, 2003: Berkshire acquires Clayton Homes for $1.7 billion.
August 7, 1998: Berkshire acquires Executive Jet Aviation (later changed to NetJets). August 8, 2000: U.S. Investment Corporation or USIC, parent of U.S. Liability, acquired.
August 8, 2005: The Public Utility Holding Company Act (PUCHA) repealed.
August 8, 2019: Berkshire invests $10 billion in an 8% preferred stock deal with Occidental Petroleum to assist it in financing the acquisition of Anadarko.
That’s it for this week. Hit reply and let me know what you think. What have you been reading that’s worth sharing? Let me know in the comments.
Stay Rational!
Adam
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