Subject: Re: Alice Schroeder 1999 Paine Webber Analysis
<<Buffett: “….first comprehensive report, at least that’s been widely circulated, in the history of Berkshire<<

It was THAT good. No less than the report that essentially introduced the world to the unique advantages most intelligent investors now know or take for granted about Berkshire. But did NOT know at all in 1999.

It was a groundbreaking research report. And in my mind set the stage for an awareness of Berkshire’s unique advantages that prompted investors to FLOCK to Berkshire in the Bear market less than 2 years later.

This report and Schroeder’s demonstrated superior knowledge of Berkshire— dwarfing all analysts combined—led to Buffett’s invite to tell his life’s story.. exclusively.

Thanks for sharing this Report! When you read it today its..OK.

Rewind to 26 years ago? It’s..OMG..Berkshire defined for the world.