Post #10873 by Captkerosene on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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All that XOM talk made me think of the old Jurgen book: The Prize: The Epic Quest for Oil, Money & Power. Written in 1990. If you think about it most of what oil offers is muscle. The ability to do labor. Changed the world. This is what's next:

https://www.youtube.com/watch?v=y9DIH0eTXHY (3 min.)

If your competitive advantage is cheap labor, expect that advantage to have disappeared in the next ten years.

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