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Berkshire Hathaway Inc. Message Board

  • Novalis_97 Novalis_97 Jun 26, 1998 9:17 AM Flag

    Buffett expecting to live for at least 2

    On the General Re deal, Buffett is quoted in the
    New York Post as saying, "We are doing this deal
    under the belief that 5, 10, 20 years from now, there
    will be opportunities we want to seize. The General Re
    funds will come in as useful then."

    This is good
    news to all BRK shareholders. If Buffett continues to
    produce 26% returns annually for the next 20 years, BRK
    will be worth $10 trillion in 2018, and Buffett
    himself will be worth $3-4 trillion

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    • What do you expect him to say? "Well, it will be
      good for shareholders, but, unfortunately I won't be
      around to enjoy it? And if you really expect that his
      company will be worth twice as much in 20 years AS OUR
      ENTIRE ECONOMY IS TODAY, you need to seek help. Fast.

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