Warren Buffett Loves Demand Response

“Everybody knows” that demand response is going to be huge over the next decade.  How do we know?  Well, for one, Warren Buffett is investing in it.  And what exactly makes us believe that the Oracle of Omaha is so incredibly unlikely to err?   His $63.6 billion.

Don’t get me wrong, I agree that he’s right about demand response, and that he’s a fabulously brilliant guy overall.  But the logic above is faulty; it’s reminiscent of this classic scene from the American film City Slickers (1991).