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Non-Tech : Berkshire Hathaway Class B
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To: Henrik who wrote (857)7/29/1999 4:13:00 PM
From: Richard Forsythe  Read Replies (1) of 1652
 
There's lots of information to support the fact that Berkshire is only fractionally a mutual fund and mostly an insurance company. Not any old insurance company, but one that has significant and lasting economies of scale, and should outperform for decades. Also, many of Berkshires investments are not publicly traded and therefore accessible only through BRK stock -- in particular the two recent flight-related acquisitions, NetJets and FlightSafety. BRK continues to represent outstanding value at current prices, due to the likely growth in GEICO and Gen Re's business, as well as growth in other businesses including (but by no means only) the KO/G/etc.

Richard
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