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Strategies & Market Trends : Buffettology

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To: jhg_in_kc who wrote (1152)	3/15/1999 7:43:00 PM
From: Michael Burry	Read Replies (1) of 4691

No doubt it's a cult of personality. When he dies, well that's an issue I've brought up before. But the key is to understand that the businesses he's assembled are tremendous and near-well perpetual. There's a concept here of "owner earnings" that is one of the many concepts you're not getting. The legal rights of BRK as a corporation is another. You are obviously here to "bear-bait", as it were, and you just as obviously have an immature investment view whereby you've made money hence you know all. Well, there are a lot of you - it's an idiot-proof market don't you know? Mike

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