The problem is they are prone to believing in collective group think narratives instead of trusting knowledge in the hard physical rules of reality.

What does the transition towards the post-fossil fuel era really mean? What rationale will be underpinning our next world? A world which will look a lot more like 1870 than the 1990s. I expect that much of what we deem highly valuable today, like high-rise cities, will rapidly start losing value in the near future when the consequences start kicking in.

So yes, Buffet is right, there are a lot of opportunities for those who can think clearly beyond the paradigm box. Those who can understand the true merits of radical innovations and see the far-reaching consequences of these coming system shifts.