Sabtu, 26 Februari 2011

Warren Buffett: 2011 looks rosy - TheStreet.com

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NEW YORK (TheStreet) - Warren Buffett, CEO of Berkshire Hathaway (BRK.B) and unofficial cheerleader of the U.S. economy, said the business climate improves Berkshire Hathaway in 2011, and American capitalism in whole, for far from being in decline.

Buffett's annual results, released on Saturday morning, caught in the fourth quarter figures were impressive, led by the recent acquisition of Burlington Northern Railroad and the gains derived from an $ 1.4 billion net income rose 43% in the fourth quarter from the previous year, and estimated annual letter of Warren Buffett's Berkshire to acquire the profit after tax of Burlington Northern will increase by 30%. Burlington Northern added $ 1000000000 to Berkshire Hathaway earnings in the fourth quarter. Overall, net income increased 61% in 2010 to Berkshire. Net earnings of Berkshire Hathaway rose $ 4380000000, or $ 2.656 per Class A share, in the fourth quarter compared to $ 3 billion, or $ 1.969 per Class A share, a year earlier. Book value, Buffett preferred metric for mapping the company's performance - compared, for example, net income, which in its last annual letter castigating - has increased over the last three months of 2010 to 157,300,000,000 U.S. dollars of $ U.S. 149.7 billion on Sept. 30. A central aspect of Warren Buffett's optimism on the U.S. economy is linked to the spending plans of Berkshire and its continued aggressive position against mega-acquisitions.
Buffett wrote in the annual letter, "Last year - given the prevailing pessimism of our economy - we show our enthusiasm for investment in Berkshire 6000000000 spending $ on capital of that amount $ -. 5400000000 or 90% of the total - has been in the United States spent Kingdom ... In 2011, we will set a new record for investments -. -. 8000000000 2000000000 $ $ and increase spending all the money the U.S. will always be in the direction of flow of opportunity, and there is a wealth of America. "Buffett has also decided to break Burlington Northern and the utility MidAmerican Energy in a new segment reports for Berkshire Hathaway annual letter, as" regulated, capital-intensive "business. The tone of comments about Buffett of these two companies, but also shows why he left. Burlington Northern with a major player in the infrastructure of the United States and a leading provider of MidAmerican Energy, Americans in many states, Buffett, as he has already said that not only provides a wealth of American society in which Berkshire will spend much, but a social contract with America for Berkshire Hathaway.

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