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I've always felt this was a weak point for him. He goes over what he thinks makes a good investment for a normal person and why he thinks Berkshire is one of th
by jrumbut 5y ago
I've always felt this was a weak point for him. He goes over what he thinks makes a good investment for a normal person and why he thinks Berkshire is one of them a lot but glosses over this point any time I've heard him talk about it.
I think the idea is that he doesn't want to return cash while there are still good investments and made the B shares available for those who need liquidity.