Tag: Warren Buffet

“If you’re going to the Middle East to look for oil, you can skip Israel. If you’re looking for brains, look no further.” – Warren Buffet In their best-selling book Start-up Nation, Dan Senor and Saul Singer  address the question of how Israel — a small country, only sixty years old, lacking friendly neighbors and with no natural resources — was able to reach such economic growth. Israel continues to be the #2 startup ecosystem in the world, but one of the limitations listed above is about to change. The discovery of Israel’s offshore natural gas reserves will not only make the country independent in being able to supply its own energy needs, but it is likely to become an net energy exporter. For Israel, a country once with little or no domestic energy resources, natural gas has the potential to revolutionize its economic fortunes. Natural Gas in Israel As of March 30th, 2013, investment mogul Warren Buffet would now have to agree that Israel is a one-stop shop for both brains and natural gas. Israel, a country with almost no natural resources, has always relied heavily on expensive...