No. of Recommendations: 3
How do we all feel about Berkshire owning a company that is the biggest maker of AR-15 parts in the country?
How do we all feel about Berkshire owning a company that is the biggest maker of AR-15 parts in the country?
Eh.
Is it a legal product?
Is it an immoral product?
Does the product directly cause harm? Tobacco does, althought the harm is something a person does to themself, using their own value judgement. Their body, their choice.
How much purity do we demand of a company? If we disagree with one little thing, is the company to be banished to the depths of hell?
Does it even matter what we feel about Berkshire owning Cerro?
However we feel about it makes no difference. Warren Buffet doesn't know or care what a handful of people on an internet message board feels.
If it is not acceptable to you, don't own BRK stock.
Lots of people won't own tobacco company stocks.
FWIW, MO has higher CAGR than SPY. Jim Kramer said that if you hate tobacco companies, buy MO and take the excess profits to fund anti-tobacco groups.
