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.
If you watch that movie called born rich that was made by one of the sons of the Johnson & Johnson family one of the last parts of the movie talks about Warren buffett's granddaughter or something and she kind of spills the inside scoop on Warren Buffett and how he's really an a**** and he spent a ton of money to make sure the only photos that ever appeared of him were ones of him eating ice cream which at that time before everybody caught on to the pr b***** with this eating ice cream was just considered such a great wholesome thing that if your pictures on the internet were of you eating ice cream everybody just thought you were a great guy.
[ + ] Crackinjokes
[ - ] Crackinjokes -1 points 1 weekApr 22, 2025 06:32:58 ago (+0/-1)
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
[ - ] Crackinjokes -1 points 1 weekApr 22, 2025 06:31:28 ago (+0/-1)