" On the other hand, the statements above regarding discipline, focus, understanding, etc... are very much true. Logic can be our friend or our enemy -- and choosing when to start and stop the clock is always a factor as well."

Confession time is very cathartic. Starting in 2006 I started to get very disturbed because Buffett refused to authorize a buyback " at material discounts to IV". Of course, the experts in brkville jumped me for questioning Uncle Warren. By 2008 he started to sell off his life's work via the foundations and STILL, refused to authorize a buyback at that time. I started to sell calls more often. If someone has the time, if I put 1 million in brk in 1992 when I retired and never touched it, what would be the market value today?

NOT my IV net worth, UNstable genius, based on today's bid. Thank you.

Berkshire Hathaway FAQ

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