Subject: Re: Thought I would Google the question?
I think there is merit to the idea that Berkshire "index" most of their equity investments going forward.

OMG If I wanted to put my BRK invested money into the S&P, I'd take it out of BRK and put it in the S&P!

It makes much more sense for BRK to distribute its cash by buying back its own shares than to turn itself into a mixture of BRK raisins with SP500 turds. At least we get two different investment choices this way.

R: