Subject: Re: Combs to leave
The timing leads me to believe his departure has more to do with Able taking over (or Warren leaving) than it does some grand opportunity with JP. CEO of Geico>>>>>> a $10B fund. I don't really have any thoughts beyond that. Berkshire shareholders like consistency but a new sheriff is in town and we have to get used to the fact that things are going to change. Greg is an operator so it's not shocking he's making operational changes (changes Warren was admittedly reluctant to make). That was a lot of news for one day. In Berkshire circles this is somewhat akin to when Marty McFly plays with Marvin Berry's band and breaks out Johnny B. Good. No one is quite sure what we are witnessing:-)