Subject: Re: The Berkshire Problem
90/2 = 1.17^24, that's annual appreciation of 17% over 24 years. Nice!
The returns have been good, but not like that. The cost basis is a whole lot more than the purchase price.
I don't know how much capital has been deployed into BHE but it's a lot.
It's amazing how well they do from tax incentives.
Jim