Billionaire Warren Buffett: America Is the Land of Opportunity

Warren Buffett of Berkshire Hathaway has had a lot to say about many things, but this Fourth of July, the man atop Berkshire Hathaway wants us to see how much he loves this country.

Jul 4, 2014 at 8:00AM

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With the Fourth of July upon us, Americans everywhere are celebrating the freedoms and joys our great country offers. And there is one billionaire who loves America perhaps more than anyone else, and he wants you to as well.

Who is it?

None other than Warren Buffett, the man atop Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B).

But don't just take my words on it. Consider a few of his over the years.

The big buy
In 2009 Berkshire Hathaway bought Burlington Northern Santa Fe, a railroad company that was valued at $44 billion. At the time, Buffett noted it was "an all-in wager on the economic future of the United States."

When reviewing the purchase -- which has been remarkably successful -- this year Buffett said:

That kind of commitment was nothing new for us: We've been making similar wagers ever since Buffett Partnership Ltd. acquired control of Berkshire in 1965. For good reason, too. Charlie [Munger}and I have always considered a "bet" on ever-rising U.S. prosperity to be very close to a sure thing.

He went on to say (with emphasis added):

Indeed, who has ever benefited during the past 237 years by betting against America? If you compare our country's present condition to that existing in 1776, you have to rub your eyes in wonder. And the dynamism embedded in our market economy will continue to work its magic. America's best days lie ahead.

But it isn't just 2014 when Buffett believed the future of America was bright. In fact, in February of 2009, 2011, and 2012 as the market still roiled thanks to the Great Recession, Buffett repeated, "America's best days lie ahead."

As the economy was collapsing thanks to the Great Recession, in February of 2009 Buffett said:

Amid this bad news, however, never forget that our country has faced far worse travails in the past. In the 20th Century alone, we dealt with two great wars (one of which we initially appeared to be losing); a dozen or so panics and recessions; virulent inflation that led to a 21.5% prime rate in 1980; and the Great Depression of the 1930s, when unemployment ranged between 15% and 25% for many years. America has had no shortage of challenges. Without fail, however, we've overcome them.

And as those questions still swirled, two years later he added:

Money will always flow toward opportunity, and there is an abundance of that in America...We are not natively smarter than we were when our country was founded nor do we work harder. But look around you and see a world beyond the dreams of any colonial citizen. Now, as in 1776, 1861, 1932 and 1941, America's best days lie ahead.

The reason for the optimism
It makes sense Buffett so dearly loves our country. It isn't just blind optimism that has guided him, but the path his career has taken.


While he doesn't quite hold the same "rags-to-riches" story of those characterized by Horatio Alger, he nonetheless was a boy who grew up selling bottles of Coca-Cola for nickels and saved his money to buy stocks, which propelled him into investing.

This ultimately led him to his mentor, Ben Graham, who taught him the critical foundations that characterized his career. From there he was met with immense success which ultimately propelled him into purchasing Berkshire Hathaway, a textile firm valued at $18 million in 1965. 

Berkshire Hathaway is now a conglomerate valued at nearly $315 billion, and from 1965 to the end of last year, its per share value has risen by a staggering 693,518%.

Oh and those Coca-Cola bottles? Berkshire Hathaway now owns $17 billion worth of Coca-Cola, or 9% of the company.

With all that in mind, it's no wonder he openly tells us he loves this country, and reminds us we should too. From this we should remember with thanks and gratitude all those who have served our country and defended the freedoms we have enjoyed over the last 238 years, because without them, none of this would even be imaginable.

There are countless stories of success in America, but undeniably Buffett should be toward the top of the list.

Warren Buffett: This new technology is a "real threat"
Rightfully so, Buffett loves this country, but there is one thing that scares him about his company. You see, at the recent annual meeting, Warren Buffett admitted this emerging technology is threatening his biggest cash-cow. While Buffett shakes in his billionaire-boots, only a few investors are embracing this new market which experts say will be worth over $2 trillion. Find out how you can cash in on this technology before the crowd catches on, by jumping onto one company that could get you the biggest piece of the action. Click here to access a FREE investor alert on the company we're calling the "brains behind" the technology.

Patrick Morris owns shares of Berkshire Hathaway and Coca-Cola. The Motley Fool recommends Berkshire Hathaway and Coca-Cola. The Motley Fool owns shares of Berkshire Hathaway and has the following options: long January 2016 $37 calls on Coca-Cola and short January 2016 $37 puts on Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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