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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 12830 
Subject: YIKES, potential liability,
Date: 08/06/2024 9:23 AM
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" Wildfire claims against Buffett's PacifiCorp hit $46B on Oregon mass complaintshttps://seekingalpha.com/news/4134863-wildfire-cla...?"

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Author: shaun1776 ✧  😊 😞
Number: of 12830 
Subject: Re: YIKES, potential liability,
Date: 08/06/2024 9:40 AM
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I don’t know what the payout will be but I do know what will happen eventually with liability.

Electricity is a critical industry. It needs massive investment to grow with new demand. Investors require limited liability. Investors and governments will “work together” to find a limit on liability.

I don’t know when the new laws will be enacted but I expect the lobbying is already underway.

It works for nuclear power and it can work for transmission too.

Shaun
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