Subject: Re: Wow Warren stepping down as CEO
"I’m skeptical having the greatest capital allocator of all time exit earlier than expected will be a Monday “sugar rush” for the company."

The sugar rush would come in the form of Wall Street group think that the company would be easier to "break up' thus "unlocking value". Of course this is all complete nonsense but that' how these people operate. Warren has talked about this possibility many times. Given the fact there have been no repurchases it's fair to say Warren himself thinks the company is not cheap although he did mention the new 1% tax as a bit of a headwind on that. Anyway, I don't expect any sugar rush and either way it means absolutely nothing until we start digesting results under Greg.