The airline industry has undergone fundamental changes in the past five to seven years that have made it far more interesting to investors (including Mr. Buffett, it seems).
Green bonds differ from traditional bonds in that the issuers of green bonds publicly state that the capital raised through the issue will fund projects, assets, or business activities with an environmental benefit.
China Mobile’s subscriber base is almost four times the size of the U.S. customer base of Verizon (VZ), the #1 U.S. wireless carrier. With a 62% market share of the mobile market in China, the company enjoys a tremendous scale advantage that should allow it to generate attractive returns on capital.
The South Korean stock market is a great place to find value, and particularly right now when the U.S.
stock market is so overvalued. In our view, the investment returns over the next 7-10 years are probably
going to be more attractive in South Korea than the United States.
Shareholder Engagements with Titan International and Verizon Communications