Subject: 24Yrs , Same Wisdom
This reply at the 1999 AGM to a question from a young Mohnish Pabrai at the very peak of the Dot-Com Bubble.
The NASDAQ peaked at 5,132 (4/23/2015) and it took 15 loooong years , to recover

https://youtu.be/Db85KCmYZTQ

Mohnish Pabrai had just started his hedge fund , Pabrai Funds, and a big fan of Warren Buffett & especially Charlie Munger.
The Pabrai Funds had significant holdings in Berkshire in the early days......and probably would have better long term performance if that had continued.
https://pabraifunds.com

ciao