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Here's Why Warren Buffett Is Betting Big on Renewable Energy

Here's Why Warren Buffett Is Betting Big on Renewable Energy
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By Jason Hall | More Articles
March 9, 2014 | Comments (0)

"Someone's sitting in the shade today because someone planted a tree a long time ago." -- Warren Buffett

Maybe more than any other, this quote from Berkshire Hathaway (NYSE: BRK-A ) (NYSE: BRK-B ) CEO Warren Buffett exemplifies both how he invests and how he has built Berkshire. One need only look at two of the most important subsidiaries -- BNSF Railways and MidAmerican Energy -- to see this firsthand. Both of these two companies will provide significant and steady cash and profits to the company for many years to come -- and largely because of competitive advantages that were first established decades before Berkshire acquired either business.