Does Anybody Wish Berkshire or Buffet was more creative with cash?
I wouldn't argue that Buffet is a good investor, he has a great longterm record. Berkshire excels at finding good businesses at cheap prices and playing the long game.
For the most part, Berkshire hasn't in the past meddled with businesses they buy as long as profitable they are happy. But Berkshire, for all their analysis acumen, don't really come up with smart business ideas (that we know of) or start a pilot business. Just thought this was interesting as you'd think they would have the financial side down pretty well and could maybe spot opportunities to fill a gap. I'm not saying start a rival to McDonald's but maybe starting a responsible investment advisor service for private citizens or practically anything given their cash.
Also, Buffet when deciding what to do with his wealth just sort of picked Bill Gates and his foundation and was like, "well, I'll let them decide" which is pretty rare. Then recently with questions about Bill Gates I think he farmed out the decision to kids or something like that.
I'm not saying build something crazy like a transcontinental monorail system, but what if they bought land to make a preplanned community built to quality standards or something like that, a Buffetville or something or built low-cost housing in the US or abroad that would eventually turn a profit, or helped build a university in the developing world.