A lot of people don't realize Warren Buffett made most of his money or at least in the initial day is by buying or creating monopolies. One of his first big wins was buying the Washington Post which was basically a CIA run Monopoly newspaper and he shut down all the competition.
Another typical tactic is he'll buy public utilities that charge you too much for your electricity and then he'll get lost changed like he did in Nevada so that you cannot easily put solar panels on your own roof or do other things like that so you don't have to pay his monopoly. That's the kind of s*** that Warren Buffett does at least it's what he did back when he didn't have so much money that he couldn't even find opportunities like that anymore.
Crackinjokes -1 points 1 week ago
A lot of people don't realize Warren Buffett made most of his money or at least in the initial day is by buying or creating monopolies. One of his first big wins was buying the Washington Post which was basically a CIA run Monopoly newspaper and he shut down all the competition.
Another typical tactic is he'll buy public utilities that charge you too much for your electricity and then he'll get lost changed like he did in Nevada so that you cannot easily put solar panels on your own roof or do other things like that so you don't have to pay his monopoly. That's the kind of s*** that Warren Buffett does at least it's what he did back when he didn't have so much money that he couldn't even find opportunities like that anymore.