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Exeunt: What does Buffet mean by this?

https://berkshirehathaway.com/2019ar/2019ar.pdf "Key...
gay submissive sanctuary striped hyena
  02/24/20
he's basically saying that he's willing to have his estate b...
Exciting embarrassed to the bone marketing idea stag film
  02/24/20
What would juicing look like? And why would it involve outsi...
gay submissive sanctuary striped hyena
  02/24/20
berkshire could spin off/sell subsidiaries, borrow more mone...
Exciting embarrassed to the bone marketing idea stag film
  02/24/20
Wow they are leaving a huge amount of money off the table by...
gay submissive sanctuary striped hyena
  02/24/20
well berkshire's structure/business wasn't really amenable t...
Exciting embarrassed to the bone marketing idea stag film
  02/24/20
Shareholders should sue Buffet
gay submissive sanctuary striped hyena
  02/24/20
once he dies, brk's stock is going to pop
Exciting embarrassed to the bone marketing idea stag film
  02/24/20


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Date: February 24th, 2020 11:48 AM
Author: gay submissive sanctuary striped hyena

https://berkshirehathaway.com/2019ar/2019ar.pdf

"Key to my “Berkshire-only” instructions is my faith in the future judgment and fidelity of Berkshire directors. They will regularly be tested by Wall Streeters bearing fees. At many companies, these super-salesmen might win. I do not, however, expect that to happen at Berkshire."

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39643544)



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Date: February 24th, 2020 1:50 PM
Author: Exciting embarrassed to the bone marketing idea stag film

he's basically saying that he's willing to have his estate be entirely in berkshire hathaway stock because he believes that berkshire's directors will resist financial engineering to juice the stock (but also increase catastrophic risk). by stating this in his letters, he's hoping to constrain the behavior of berkshire's directors after he passes and the old guard changes.

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644291)



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Date: February 24th, 2020 2:35 PM
Author: gay submissive sanctuary striped hyena

What would juicing look like? And why would it involve outsiders?

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644637)



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Date: February 24th, 2020 2:39 PM
Author: Exciting embarrassed to the bone marketing idea stag film

berkshire could spin off/sell subsidiaries, borrow more money, change tax domicile, etc.

all these require outside advisors (i.e. investment banks) to execute.

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644658)



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Date: February 24th, 2020 2:42 PM
Author: gay submissive sanctuary striped hyena

Wow they are leaving a huge amount of money off the table by not simply changing tax domiciles?

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644672)



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Date: February 24th, 2020 2:44 PM
Author: Exciting embarrassed to the bone marketing idea stag film

well berkshire's structure/business wasn't really amenable to changing tax domiciles even when inversions were easier to do, but there are definitely more aggressive things berkshire could do to reduce its tax exposure, which munger and buffett have alluded to. buffett has avoided them to avoid charges of hypocrisy (he's a strong critic of tax voodoo by corporations).

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644690)



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Date: February 24th, 2020 2:55 PM
Author: gay submissive sanctuary striped hyena

Shareholders should sue Buffet

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644772)



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Date: February 24th, 2020 2:56 PM
Author: Exciting embarrassed to the bone marketing idea stag film

once he dies, brk's stock is going to pop

(http://www.autoadmit.com/thread.php?thread_id=4452118&forum_id=2#39644778)