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California

Warren Buffett 'got it wrong' on California fire risk, PG&E CEO says

PG&E CEO disputes Warren Buffett's warning on California wildfires, stating the state's efforts have reduced both physical and financial risk.

By: Seeking Alpha
  • Apr 26 2024
  • 62
  • 2908 Views
Warren Buffett 'got it wrong' on California fire risk, PG&E CEO says
Warren Buffett 'got it wrong'
"Frankly, I think Buffett got it wrong in California" in his warning that wildfires have turned utilities across the western U.S. into risky investments, PG&E (NYSE:PCG) CEO Patti Poppe said Thursday. "California has done the hard work to mitigate bo... [909 chars]

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