Subject: Re: 13-F out
"If it were up to you, how would you size Warren's holdings in his three, recent purchases, OxyChem, Alphabet and Chubb? The OxyChem position (100% owned)is $9.7B. CB is $8.8B, and GOOGL is $4.9 (after paying maybe $3.6B)."

This is all dependent on where we bought Google. If it was five months ago then Google is #1. If it is after the run up then I put OxyChem #1. It is a more tangible asset and we bought it at a time where earnings were a bit depressed. I don't know enough about Chubb to comment.