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Berkshire Hathaway Inc. Message Board

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  • bobo21029 bobo21029 Aug 16, 1998 11:08 AM Flag

    Remember the Old Couple?

    ..........the articles in the paper quoted the
    president of their college as saying that the bequest would
    enable the school to go to the next level academically.
    It's possible that they dumped their BRK; but not
    probable IMO..........because endowments and Trustees
    don't move at the speed of light.......lots of
    committee meetings.. A quote from Buffet said that there
    would be more mega-gifts like this in the
    future.............BTW, at the university where my wife taught, major
    bequests were always a subject of lengthy infighting
    ............and NEVER underestimate the power of the Athletic
    Dept to sniff out any cash laying around.....the
    library needed an up-grade, but the basketball coach got
    a new arena instead.....the school said it was
    needed in case it rained on graduation day don'tcha know
    ! The beat goes on..........Bobo

 
BRK-A
214,000.00-745.00(-0.35%)Jul 31 4:02 PMEDT