Did you hear? Warren E. Buffett is planning to invest in U.S. businesses in the upcoming year and has let it be known that he believes “America’s best days lie ahead.” In his annual letter last week to the shareholders of Berkshire Hathaway, the storied investment oracle wrote that “money will always flow toward opportunity, and there is an abundance of that in America.” This is a big validation for us at Longshot Apparel and the premium USA-made shirts we are creating for you tall guys. Now, doing the right thing has Mr. Buffett as an ally.
According to The New York Times, in 2010 the company spent more than $5 billion on property and equipment in the United States – this was more than 90 percent of the Berkshire Hathaway’s total expenditure. According to Mr. Buffett “the same system that has unleashed wonders for over two centuries is alive and effective today.”
His best investment was the acquisition of Burlington Northern Santa Fe railroad that brought a 30 percent increase to his company’s earning power. Believe it or not, old-fashion choo choo trains have the power to reduce green house emissions and use less oil to operate. If a train line can do this what else can we adapt in our own backyard to solve the issues we’re all facing? If we’ve survived a Civil War and numerous recessions, can’t we survive turning the table on global sourcing and outsourcing as well?
There’s still plenty of talent in the USA to make shirts – it’s just that it’s not a priority for most apparel companies to keep the business on our shores. As the three founders at Longshot Apparel, we treat all company investments as our own – we’ll because it is. Where our money goes can help change the outcome of where this country is going and what it values most. We’ll keep making shirts here without question. God Bless the U.S.A. and Warren Buffett.
A picture from one of our favorite places to make our tall shirts!
