Warren Buffett built his fortune on a simple idea.
Find sturdy businesses that print cash, leave them alone for decades, and let compound interest do the heavy lifting
That patience is why Berkshire Hathaway (BRK.A) became the kind of holding company that owns a railroad, an insurer, a battery maker, and one of the country’s largest food distributors all at once. Buffett has long avoided the bleeding edge of technology. He skipped most of the dot-com boom and only admitted to misjudging Amazon (AMZN) years after the fact.
That habit is why his recent moves into Apple (AAPL) felt so out of character, and why Berkshire investors watch every tech pivot from Omaha closely. So when one of his biggest operating businesses signs off on something he spent decades resisting, the decision is worth a closer look. McLane Company, the food and supply distributor that feeds thousands of convenience stores and restaurants, will now run driverless big rigs on real freight routes.