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I'm glad to see Buffett isn't afraid of some debt on his balance sheet and in his operating properties.
FORBES: Managing Money
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Ditto the vast dollars relative to its balance sheet that MMR took on to acquire the Newfield properties.
FORBES: Magazine Article
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Either they will simply buy their properties, since this will now change little on the balance-sheet, and may cost less than the expense that leasing would imply.
ECONOMIST: Commercial property: Lease hurt | The
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To the extent he has chosen well the enormous goodwill on the balance sheet is academic, his equity portfolio stands dwarfed by these properties.
FORBES: Managing Money