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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch 🐝🐝 SILVER
SHREWD
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Number: of 19824 
Subject: Re: This piece was decent - future earnings estimates
Date: 02/19/26 1:06 PM
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No. of Recommendations: 10
Reminded me of something my business partner (Chinese/American) said when we were setting up our business - "The whole of China has one AutoCAD license".

Ah, rings a bell. A company I co-founded was selling licensed software into China in 1981-1982. Our observation of their view of copyright was "Copy? Right!"
We were wise enough to have a hardware dongle to lock the license down, so our stuff didn't get released into the wild. But unfortunately our competitors were not so canny, and one of them sold one license...so neither of us ever sold any more.

The punchline being that we were selling CAD software.

Jim
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