No. of Recommendations: 7
Thank you TexIrish. This is a great post. Insightful and well written to the point.
I agree, you should send to Omaha. I think you are onto something. With such a small universe for Berkshire these days, they have no doubt looked at it and your commentary may be of interest, as it’s obvious you have experience and deep knowledge of the company, combined with a strong sense of what’s good for shareholders.
I’m going to look into proxxima…that would be incredible if commercially viable at scale and of course anything battery technology related is always interesting. I always remember Buffett talking about the uses of oil years ago and how it’s used in so many things, people often don’t realise, like carpet. It’s wonderful to hear about these engineers coming up with more and more important uses. Munger was always so impressed with this kind of thing and I am too.
“Proxxima is a new epoxy material that is twice as strong as steel and 75% lighter. It has many potential applications from replacing steel rods in construction to auto bodies. It is made from molecules that formerly went into gasoline. Carbon Materials is a new graphite that can increase both the capacity and reduce the charging time of batteries by 30% each.”
