WSJ: “Struggling Real-Estate Giant Realogy Strikes Deal With Amazon” [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire, and competes with Realogy subsidiary Coldwell Banker Burnet.] “We lose money on every...Read More
Is There a Private Sector Solution to U.S. Health Care Mess? [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] No, I don’t know how to reform the United States’ tangled,...Read More
Next: Costco Does Health Care “Your margin is my opportunity.” –Jeff Bezos [Editor’s Note: Edina Realty is a subsidiary of a Berkshire Hathaway-owned entity.] For anyone horrified by spiraling U.S. medical costs, the just announced Amazon-Berkshire-JP Morgan initiative is welcome news. While the companies’ focus (at least initially) is to provide better care for their...Read More
The World’s Biggest Non-Profit (or is that, “No-Profit For-Profit?) “Pred·a·to·ry pric·ing” (noun): pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market. –Wikipedia “Meager as Amazon’s 2013 profits were, they represented a small improvement from 2012, when it actually lost money. Even with the...Read More