Subject: OT- Guy Spier on Podcast/ limited BRK discussion
https://theirrelevantinvestor....

I thought this podcast was worthwhile. Guy shared some thoughtful commentary on time arbitrage may be one of the Few advantages of some individuals and certain money managers.

Guy focused his and Mohnish's GLIDE lunch with Buffett and further interactions. Guy reasoned when WEB, CTM & Ajit are no longer in their current roles, the portfolio managers and Greg will be true to themselves and will likely make more limited sized decisions than Buffett. Insurance manager may also limit the size of some individual risks/exposures without the brilliant experience and knowledge of Ajit. He has an optimistic view sees BRK being an enormous cash machine and he anticipates significant buybacks continuing for 50/75 years or beyond.

Some other good dialogue on what is value investing? nowadays, money management and some good humor as well.