Congress is talking about repealing PUHCA, which could have huge ramifications for the energy sector and in the U.S.

I haven't collected my thoughts on the matter but it could mean really nifty ramifications for Berkshire Hathaway as their equity holdings in Mid-America could be more fully utilized.  As the article states Buffett has already indicated he would be willing to invest up to $15 billion more (about 1/7 of Berkshire's current worth) if the act was repealed.

Of course by the time PUHCA gets repealed the energy sector may well be out of its doldrums, forcing Berkshire to go elsewhere for returns.

4:36:04 PM  #