Subject: Re: Hopes, for Greg’s first letter?
A certain old timer suggested almost 20 years ago on the Fools board , that Brk should have “ the right of first refusal on all foundation sales.” As far as I know Brk still does not have that right, another huge mistake.

Is it possible for Berkshire to have the right of first refusal on all sales from a foundation?
Could Mr. Buffett have made that a condition when giving the shares?
It sounds dodgy. Not something Mr. Buffett would be interested in.

In the past year it would have been easy for Brk to buyback 50 billion plus below 500, he had no interest. Do facts ever matter to most partners?

He had no interest because the share price wasn't under intrinsic value, conservatively calculated. Facts certainly don't matter to some partners, lol.