Ohio Capital Ideas is a private investor, investment analyst, and writer from Akron, OH. My interest in investing was first sparked by watching the tech bubble of the late 1990s and the attitude of the time that successful investing was easy. Experience has shown that investing is far from ...more

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Can A Stimulus Program Really Boost The U.S. Economy?
8 years ago

Yeah, I can agree with that. Should there be an infrastructure plan, the devil will really be in the details.

Can A Stimulus Program Really Boost The U.S. Economy?
8 years ago

"It is widely agreed that the stimulus package has not created any acceleration in growth."

I think you need to be a little careful of making statements such as this. I don't think there is actually widespread agreement regarding what the economy would have looked like under the actual scenario and a hypothetical scenario where there was no stimulus.

The 2009 stimulus was also largely geared towards tax relief or direct assistance to individuals. It's hard to compare that to the long term (or short term) impact of a direct infrastructure program.

Reviewing Berkshire Hathaway’s Third Quarter Earnings
8 years ago

I agree with you that conglomerates can be managed poorly and are more complex enterprises than more focused businesses. But, if managed well they provide a very large opportunity - the ability to expand investment options beyond those normally available. There are conglomerates with poor histories - like ITT and the others from from the 1960s boom - but there are also some examples of genuine value creation.

In this article: BRK-A
Reviewing Berkshire Hathaway’s Third Quarter Earnings
8 years ago

It's certainly a conglomerate. But why is that bad? $BRK-A

In this article: BRK-A
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