Subject: Re: How To Attend Markel Breakfast?
I cant argue with that, BRK is 64pct of my total net worth. Law of large numbers though, unless they are able in future to ramp up the buy backs at reasonable prices I am not sure how they can continue to re-invest all that money coming in the door over the next 10-20 years without paying it out through dividend or lowering their hurdle on future investments.