Subject: Re: Add Tim Cook to BOD.
But I agree, after he retires from Apple in 2-3 years, he would make a good addition to the Berkshire BOD.

My question is: Why would Tim Cook want to join the BRK board?

o Pay is negligible.

o The board is rarely consulted on investment decisions. Greg can call Tim if he wishes.

o BRK does not provide its directions with liability coverage.

o He can already access Buffett, or Greg, anytime he wishes. In reality, what could they teach him?

o He doesn't gain any prestige from being on the board, unlike many others.

o He doesn't owe Buffett any favors to help oversee BRK.

People just assume being on the BRK board is a big deal. It isn't for some people.

I'll never be invited. But if I should, I would say no. Why expose my family to liability, however remote?