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Buffett on Auto Sales (Good News for AutoNation)

This goes to my AutoNation (AN)investment. Right now we are at 9 million units in car sales. Warren think 13 million is the normalized number (I tend to agree). Think about it. You have a company that is still profitable at 9 million units, whose market should grow 50% in the next year or so, who is gaining massive amounts of share within that market as dealership across the US close and most important has a CEO that is the class on the industry. I love this investment..

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Disclosure (“none” means no position):Long AN

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