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57 sats \ 1 reply \ @elvismercury 15h \ parent \ on: Buffett and His Pile of Cash (Financial Times, Eric Platt) econ
The fact he’s holding to all that cash but at the sign of economic weakness will layoff labor because of thin margins is gross.
This is an interesting comment to discover on a bitcoin site.
What economic behavior, aside from legal profit-seeking in the public companies in his portfolio, would you advise?
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0 sats \ 0 replies \ @BlokchainB 3h
Empower your employees. Instead of laying them off use the capital and give them the option to learn another skill or trade that will add value to one of his other companies. Pay them enough to where they can have savings in the event the economy turns they don’t become a liability of the government. If he did this then this empowers the employee
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