Subject: Re: Proposal to end quarterly reports,
I just thought of something. In 1989 or so I received what was called," a notice of inspection." This meant any shareholder could request an opportunity to inspect a public company's books. My lawyer said, Fk em, I'll delay them until you are 80 years old, lol. I said why would I do that I'm calling them to come visit me in Vegas, I look forward to it, I'm proud of our books.
Two weeks later A doc shareholder came with his CPA from AZ, spent several hours in my home office. I offered to order lunch, and they left. The next day the Doc calls me and says, I want to buy 9.9 % of the company, I ask, why is that? He says my CPA couldn't believe how you handle shareholder money, when no one is watching.
So, I wonder, if I sent brk a, notice of inspection, would that apply to all the wholly owned subs as well?
I heard reliable sources Buffett has a little money and he likes to gamble.
Give me the right to send a forensic accountant into 50 of our wholly owned subs and I say we will find serious misconduct, maybe very very serious misconduct.
Let's go Uncle, this way you and Greg can blame me, how clean are brks subs, OR, will we find, dirty deeds?
AdrianC, would you like a piece of my bet, partner? ::))