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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622 ✶  😊 😞
Number: of 15065 
Subject: BRK changes Pilot CEO
Date: 04/10/2023 1:15 PM
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Surprising that Berkshire is flexing their 80% muscles and replacing Pilot Company's CEO with two executives from Berkshire. This follows a shut down of some of Pilot's energy trading activities that Berkshire didn't care for.

https://www.knoxnews.com/story/money/business/2023...
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Author: shaun1776 ✧  😊 😞
Number: of 15065 
Subject: Re: BRK changes Pilot CEO
Date: 04/11/2023 1:47 PM
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No. of Recommendations: 1
From the article

'Energy is very high up on Buffett and Berkshire's priority list,' Kass said.

Perhaps because it can absorb a huge amount of investment, may have regulated or subsidized returns, and some areas have long lifetimes.

Related is the possibility of an energy revolution from fusion. I believe the developments in tokamaks are promising because of technological advances and the significant effort that has already gone into understanding their design and operation. People might find subscribing to the Fusion Industry Association newsletter useful to track developments in fusion. Subscription available free at https://www.fusionindustryassociation.org/join
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