MarioP

You should talk about it to Fairfax employees at the AM. Perhaps they can have a reedition. Just tell them that they have at least three takers

Thanks for the Munger quote We’re very lucky to have a 92-year-old in such good shape as Warren and we’re very lucky to have a chief executive like Greg. Greg is very remarkable. So for Charlie Greg is already the CEO in the day to day

He said that a year where operational earnings are up 20%…Bring me more boring performance like that

From 1989 letter to shareholders o Below we list our common stock holdings having a value of over $100 million. A small portion of these investments belongs to subsidiaries of which Berkshire owns less than 100%. 12/31/89 Shares Company Cost Market ------ ------- ---------- ---------- (000s omitted) 3,000,000 Capital Cities/ABC, Inc. ................ $ 517,500 $1,692,375 23,350,000 The Coca-Cola Co. ....................... 1,023,920 1,803,787 2,400,000 Federal Home Loan Mortgage Corp. ........ 71,729 161,100 6,850,000 GEICO Corp. ............................. 45,713 1,044,625 1,727,765 The Washington Post Company ............. 9,731 486,366 None of the top 20 largest cap. And 30 years later Geico is probably the best bet for future gain

Strange question. After WB is gone Greg will be the big boss. So he will do what ever he think is good for the long term of the company. He writes the mandat and have it approve by the board. Nobody will give him mandate

This is really terrific. Thank you to give us an acces to that. now if you can do a memorex of all the SEC documents ( 10k, 13f) you will be able to sell a lots of monthly subscription .

It won't be the same without Buffett. But I think we can hope for something similar to Apple under Tim Cook. The company is different but still great.

For the official Berkshire events here is a Nice document https://www.berkshirehathaway.com/meet01/visguide2023.pdf

It also asked Berkshire to address whether its lead independent director can override Buffett on risk matters or ask the board to consider them. Where in the world will you find somebody better than Charlie to do that? We have here the two most risk averse guys in corporate america and we have to find somebody to check them... Hey Mr Buss you better find somebody who will teach Lebron how to play before giving him all that money!!!

The premium cannot be base only on your driving. It is a part of it but if, for example, the cost of repairs increase or the number of car steal is increasing in your area or there is higher risk of a major weather event the premium will increase. What they can guarantee is that the premium would be higher if your driving is not better

See's Candy. A turning point in Buffett strategy

Kind of funny and a sign of a new area. Buffett always said to avoid investments in sector that can be disturb by technology. Now technology is messing up one of his investment made 50 years ago…

That remembrer me when he was buying KO. If he ask his brokers to buy everything under 140 he has enough liquidity to set the floor at that price. So it is not timing it is « this is my price for backing up the truck ».

Anybody proposing that doesn't understand Berkshire. A good part of the value is how the cashflow of the cash cow with limited growth is used to buy growth elsewhere or to provide capital for the insurances companies. If you breakup Berkshire you destroy that superb capital re-allocation machine. There may be a problem in future with the votes of index fund and the votes of institutional shareholder who invest in ticker instead of companies. “For the most valuable public company in the world, three individuals can in principle swing the vote of 17 percent of its shares. Generally, a significant fraction of shareholders do not vote, even if in contested battles. As a result, the 17 percent actually represents more like 25 percent or more of the likely votes in contested votes. That share of the vote will generally be pivotal.” In fact, the Big Three cast roughly 25 percent of the votes in S&P 500 companies. https://www.theatlantic.com/ideas/archive/2021/04/the-autopilot-economy/618497/ These three individuals are the one voting the shares of index funds of Vanguard, BlackRock and State Street. These are the kind of shareholders who wants to remove Buffett from the chairman seats and replace it by someone who can't care as much as Buffett for the company