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Dan Kent

👤 Speaker
552 total appearances
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Appearances Over Time

Podcast Appearances

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

And they just kind of know that these are going to level out over time.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

It's part of the business.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

And that's another thing why, you know, a lot of good insurance companies are struggling right now because you can easily, like these insurance companies could grow however much they wanted to if they got a little bit more lenient on the underwriting, but you'll eventually pay for that.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Like if they could easily grow 11%, but if they're taking on policies that are not going to be profitable, like that'll hammer you down the line eventually.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, it's one of the worst run class one railways.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

That's not to say it's badly run, but the other ones are generally more efficient.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

It hasn't done very good.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Not bad, but just not as good as others.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, I didn't know they had that large of exposure.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

I would imagine on the grid infrastructure, I would imagine that becomes regulation.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

There's no way they're going to make all the consumers front the costs for these

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, exactly.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Which I kind of think, which is why they're going to have to put in some sort of regulatory framework where if you're a company that's utilizing it for that, you're going to have to front.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

I mean, Berkshire, I think is just kind of getting ahead of the curve here.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yep, definitely.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

That's kind of all I had on the energy side.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

I think there's going to be something put in place to make sure that doesn't happen, or at least there should be.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, the kids and stuff.