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Non-Tech : Berkshire Hathaway Class B -- Ignore unavailable to you. Want to Upgrade?


To: Henrik who wrote (857)7/29/1999 4:13:00 PM
From: Richard Forsythe  Read Replies (1) | Respond to 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



To: Henrik who wrote (857)7/30/1999 11:22:00 PM
From: jhg_in_kc  Respond to of 1652
 
yes, i believe it is the view behind the stage of the Wizard of Oz. I could not have said it better. By the way the OZ story had financial overtones. The yellow brick road referred to gold. the tin man to silver. etc. I can't remember the author's thesis but the cowardly lion may have been William Jennings Bryan..
A good search engine to look up shit like this is
google.com
jhg