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Author: DrtThrwingMonkey Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 214602  
Subject: Re: A little holiday value trivia Date: 11/20/2012 7:36 AM
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I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that." [Buffett]


I use that expression too, but I don't happen to have $40 billion cash lying around earning next to nothing. If it were really true that sun and solar energy were viable investments, I think we might expect Buffett to actually do some of that investing. And no, buying wind and solar projects with iron-clad contracts to sell all the energy back to a utility, which has signed these contracts for political reasons or to gather tax credits, doesn't count.

Regards, DTM
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