No. of Recommendations: 5
One fellow is hoping for a dividend.
Another for aggressive share repurchases.
Aggressive share repurchases if it makes sense on intrinsic value, yes. Right now it does not.
Or buying Tesla.
If Berkshire bought Tesla something has gone very, very wrong over there.
As for me, I am wishing that Greg has found his “Carol Loomis”, to help him refine and communicate his message. Whether he is feeding us ice cream or brussel sprouts, he should (must!) be clear and decisive. And readable, especially for the elderly aunts.
What would YOU consider a successful letter?
I agree, Greg probably has a skilled writer to help word-smith it. Hopefully he didn't run it through Chat GPT ;-)
A successful letter:
- business segments discussion as usual
- plans for business improvements (BHE, etc.)
- be clear about who is handling investments and what the philosophy is
- discuss the cash pile
- praise Warren and Charlie, Ajit, Todd
