Subject: Re: NOT OT: GUNDLACH
'Did your know that at the time, or is this after-the-fact cherry picking?'

This reminds me of our investment in Harley Davidson bonds in 2009 with a 15% yield. WEB said at the meeting in hindsight we would have been much better off buying the stock, however the bonds made more sense given the risks at the time, the Berkshire way. Btw, I had forgotten we bought the bonds alongside current director Chris Davis!

For those interested:

https://www.reuters.com/articl...