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In an inflationary world, a toll bridge (like company) would be a great thing to own because you've laid out the capital costs. You built it in old dollars and you don't have to keep replacing it.
Warren Buffett
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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Built
Tolls
Company
Bridge
Keep
Laid
Great
Costs
Thing
Bridges
Would
Capital
Inflationary
Like
Dollars
Replacing
World
Cost
Toll
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