July 12, 2017

In the past month, billionaire Warren Buffett made substantial investments in both the Texas and Israeli economy.

In Texas, Buffett’s world-renown conglomerate company, Berkshire Hathaway, announced plans to acquire the state’s largest electric transmission unit, Oncor. Although Oncor dominates in the area of electric distribution and transmission in Texas, its parent company Energy Future Holdings is still recovering from its 2014 bankruptcy file and $50 billion of debt. Although this may be one of the greatest corporate bankruptcies in U.S. history, Buffett is confident...

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