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Yes, we have long been fans of Mr. Buffett and Charlie Munger. And also Greg Abel, he has worked his way up through the ranks, and they have done a really great job with regard to succession planning.

Likewise, in Berkshire, you have many important companies that have been part of this conglomerate structure for a long time. Therefore, we are in fact backing Berkshire Hathaway very strongly in the long term.

Buffett's lack of success in the last 20 years,

Warren Buffett discussed this in 1984 and how he outperformed the market, and if you follow that, you will continue to outperform the market. But Ben says that more than 20 years have passed now and Warren Buffett has not outperformed the market.

Back in 2008, as far as I know, Berkshire made an offer to buy Constellation Energy and received a $1 billion termination fee . This, as far as I know, was orchestrated by Greg.

I mean, I can only imagine, if we go through another big recession or even a normal recession, he might buy back Berkshire shares like crazy and make acquisitions and take action in the stock market .

Number one is Berkshire Hathway. This one's a buy and hold forever stock because it gives investors exposure to a diversified collection of highquality businesses, disciplined capital allocation, and Warren Buffett's long-term investing philosophy.

Not to mention the behemoth cash pile they have to go buy more businesses when they start to fail big time in the next crash.

Is there something safe fund, something like that, Berkshire, that can do that for me?

We all seek for cheap funds, easy, and then Berkshire is still at 366 billion in cash. Which is 40 something percent of the balance sheet. Now Greg Abel is spending something I don't know whether me and Warren agree, but that's a different story.

Muneesh Babrai was talking about Berkshire Hathaway's investment in Google, and he had some interesting things to say. But now that we know Buffett actually started the investment center, I'm interested to hear your and your team's take on Berkshire's Google buy-in.

Michael Bury took a look at it and simply said, "I'm done buying Berkshire Hathaway." Did you hear that? "Well, that's the signal that the old way of investing is over, and they've moved on to something else."

It's sort of like Birkshshire. It's like you can't put it below a certain tier. But you know, we'll talk about Bur Share because there's sort of an interesting um situation there as you've got this migration from Buffett to AEL.

if you look at Bergkshire's history it might be the greatest serial choir of all time. Some of the assets that Buffett's built um they're probably going to be around 50 years from now.

Next one, we have Birkshshire Hatway. We did a few videos recently after the earnings. I have said that if I would own Birkshshire, I would sell but Birkshshire as a long-term investment will deliver.

And this is why I put it at similar to the US Treasury, but much less risk or practically no risk. I know that Bergkshire will deliver its 6% long-term return no matter what happens.

If there is inflation, Berkshire is a business protected from them. There will be ups and downs, insurance issues, things like that. That's why I'm saying I'm not buying it. I would sell it now and then when it gets more fairly valued because all the good that Bergkshire has is now priced in.

So long-term will deliver a good return but not a great return.