Subject: Re: Future growth
No, I am not advocating taking BRKs cash pile and throwing it every silly startup that comes along, but maybe Amazon could have been a pick 20 years ago? Or Facebook a decade back? Heck, we were into Chinese auto making in EVs back when that seemed a pipe dream.

The AAPL trade is not only impressive in the % returns, but more importantly in the absolute $ returns. I agree investments that generate similar % returns are possible (likely even), but finding an opportunity that can generate the similar $ returns will be very difficult.

For example, it would probably take a $50B investment growing 10x, finding those opportunities is very challenging. Could BRK have invested $50B in AMZN 20 years ago?

tecmo
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