Dumping stock? Huckster? ..just for fun....

Well, I suppose the forum has been waiting for years for an anti-Buffett rant and now we have one.

Next!

Getting people out of their cars is very easy; designing a system on top of the sprawling non-planned developments system we have in the U.S. is the hard part. Few light rail systems here go anywhere people want to go; believe it or not, a huge number of people have absolutely no interest in just going 'downtown' and back, regardless of which 'downtown' it is; they all suck, not mention the stores are invariably overpriced.

The other problem is that, outside of Manhattan Island and San Francisco, people normally like to grocery shop for several days and weeks worth of food at a time, and good luck carrying all that on a bus or whatever,

__________________
"The real question of life after death isn't whether or not it exists, but even if it does, what problems this really solves." - Ludwig Wittgenstein

"A day without sunshine is, you know, night."- Shannon

If you think Buffet is just some kindly old Grampa type who just happened to make 10's of billions of dollars just by good old-fashioned shrewdness and hard work, I have a bag of magical beans I'll sell you dirt cheap, relatively.

__________________
"The real question of life after death isn't whether or not it exists, but even if it does, what problems this really solves." - Ludwig Wittgenstein

"A day without sunshine is, you know, night."- Shannon

Please tell us how he made his billions.

__________________
Giving money and power to government is like giving whiskey and car keys to teenage boys. ---P. J. O'Rourke

No, getting people out of their cars is still hard. I agree that it's very difficult to make rail system in an existing city, though. Difficult, but not impossible (read: expensive).

I lived just outside of manhattan for 9 years, in queens. Sometimes I'd walk to the grocery store with a little cart, and I could carry my groceries home that way. Never had to use the subway, the grocery store was close enough.

The buses and light rail around here were packed when the fuel spike hit; they still are, so it is a matter of how expensive it is to drive versus whether the public transportation goes anywhere people need to go. Few commuters love their cars, and would trade the commute in in a heartbeat if the means were there; they would rather read the paper or nap on the way to work every morning than sit in traffic defying death and traffic jams every day and have all that stress twice a day.

I've been to NYC, mostly Brooklyn and Mameroneck, and it's a different environment than DFW, which is a massive suburban sprawl. Some people live close enough to shopping to walk, but most people don't, or don't have the time to, because of all the time wasted in commuting. In the LA sprawl, for example, affordable housing can easily be 60 to 100 miles out from the city center. The Bay area has like one stupid train for the whole sida of the Bay on the SF side, and the times it runs doesn't fit anybody's work schedules and it only runs a few times a day. I biked to work part of the week, but it was a death defying stunt every day to do so, and more stressful and dangerous than driving.

__________________
"The real question of life after death isn't whether or not it exists, but even if it does, what problems this really solves." - Ludwig Wittgenstein

"A day without sunshine is, you know, night."- Shannon