Subject: Re: Jain sale for those who don't have Barrons
Agree with all of that. But Wow, 50% sell is quite Surprising. I suppose his age, health status, uncertain tax changes/political environment & BRK’s recent strong market price were factors. Ajit could also be making another huge contribution to an institution or a cause that is dear to his heart. Maybe he has also reflected and “won the game” of asset building in life and wants to his ensure future Jain generations and their philanthropic interests will be quite comfortable. I would imagine he had a discussion out of respect with Warren & Greg. I would love to hear his response as to his reasoning as he is refreshingly straightforward in his answers. Very happy for him (and all of us) that his BRK purchases and loyalty have worked out so well.