Subject: Re: 3Q Summary
Thank you, iluvbabyb and Munger_Disciple. I guess Greg and Warren will figure out what to do. I hope they decide soon. The risk of trying to hold on is that more fires are sure to occur. PacifiCorp's book value is $11B. If they declare bankruptcy, it will be interesting to see who ends up owning PacifiCorp and how much they pay. Utah could be a decent business, but I wouldn't touch Oregon or California. It's like owning a company that makes football helmets, which is something Warren has said he wouldn't want to do. Hopefully, the 2025 fire season could soon be over. Keep your fingers crossed.