Bill just keep talking down your holdings in your "little" or "smaller" investments as though they are inconsequential. You've had nothing good to say about your smaller holdings in PAH and NOMD yet at some point they combined represented 10% of your portfolio. That each is going down 60+% that has a material impact on your performance.
So just keep acting like these "smaller" positions do not matter. Clearly, they do and you better start getting a little more constructive pal.
Had he just invested in publically traded equities through BH the way Buffett does. Buffett doesn't get paid "extra" to invest capital of subs, he gets paid extra for creating shareholder value in proportion to all stakeholders.
Ever since Mr. Bigs changed the structure, BH will sell permanently below I.V.