Some interesting points.

I have a slightly different take on a couple of them.

First, I think Susan Decker's relatively modest holding in light of her role as lead independent director ought to be explained better. I am pretty sure some of us on this board have a bigger sized holding than her.
If I recall correctly, this is not a recent development. She has always been the director with the lowest personal stake in Berkshire.
Also when Abel takes over, I would expect him to become the board member with the largest stake. This isn't the case at the moment after cashing out the BHE stake.

Secondly, my issue with diversity on the Berkshire board has nothing to do with gender or skin colour but the fact that the talk does not match the walk in one area. Two of the additions have been the Buffett kids. Neither has any independent business record that qualifies them to provide governance and robust challenge when required to the Berkshire executive team. They are there purely by virtue of inherited holdings despire Buffett's frequent comments on inherited. I don't think the other recent additions have been particularly strong but at least they have a chance of bringing some outside the cult inputs from time to time.

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