Some businesses spend a lot of capital for maintenance or growth of their operations (e.g. Telecom, Utilities, Pipelines). Buffett shares his thoughts on capital-intensive businesses and whether they are fit for investment or just burning investors' money.
Buffett Books:
Intelligent Investor: [ Ссылка ]
Warren Buffett: 43 Lessons for Business & Life: [ Ссылка ]
The Essays of Warren Buffett: Lessons for Corporate America: [ Ссылка ]
The Snowball: Warren Buffett and the Business of Life: [ Ссылка ]
The Warren Buffett Way: [ Ссылка ]
Buffett: The Making of an American Capitalist: [ Ссылка ]
Security Analysis: 6th Edition, Foreword by Warren Buffett: [ Ссылка ]
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Warren Buffett on Capital intensive businesses (2020)
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