John Hjorth

Thank you for sharing, ValueMaven, I listened to the podcast with Mr. Bloomstran interviewed today. I think it's good, however nothing new, compared to the Semper Augustus Client Letters. A bit to my surprise, I found out, that the interviewer - Stig Brodersen - is actually a Dane, located in Århus, Denmark.

Added to SCHO.CPH today.

From the 2021 Proxy Statement, p. 8 : Factors considered by Mr. Buffett in setting the compensation for Mr. Abel, Mr. Jain and Mr. Hamburg are typically subjective, such as his perception of each of their performance and any changes in functional responsibility. Prior to the appointments of Mr. Abel and Mr. Jain as Berkshire Vice Chairmen in 2018, Mr. Buffett set the compensation for each of the CEOs of Berkshire’s significant operating businesses. However, since 2018, it has been the responsibility of Mr. Jain to set the compensation for the CEOs of Berkshire’s insurance businesses and the responsibility of Mr. Abel to set the compensation for the CEOs of Berkshire’s other businesses. Mr. Jain and Mr. Abel use the same general criteria as had been used by Mr. Buffett. Many different incentive arrangements are utilized, with their terms dependent on such elements as the economic potential or capital intensity of the business. The incentives can be large and are always tied to the operating results for which the CEO has authority and are related to measures over which the CEO has control.

Sanjeev, Again, is it OK with you to open/start a new topic in the General Discussion forum, alone for the purpose of testing and playing around with things on the new software platform? [With the purpose of us all, getting better quicker of handling the new platform, by sharing experiences?] [The alternative to me personally would be to open a temporary "sandbox" forum, to play/mess around with things here at CoBF, with the intent of constructive feedback to you].

-This is really funny! [Perhaps some browser cache massage! [ : - ) ]]

aws, Please just use the NYSE website directly for BRK.A. It dosen't lie, I suppose, and I think ValueMaven does not exagerate, perhaps more to the contrary [BRK.A is also traded other places than NYSE].

Thank you for sharing, sleepydragon.

The book landed here at me yesterday morning. Pretty amazing how great word wide logistics is working nowadays! - From what I've read in the Twittosphere, that's one day later than in the US.! [I'm a Northern European citizen [Denmark]]. - - - o 0 o - - - It immedially jumped Kilpatricks "Of Permanent Value - 2020 Elephant Edition" [the green edition] on the small table between the TV-chairs of ours! - I got some "snake eyes" from the Lady of The House for doing that - ... to which I responded : "I can't really judge if this is a horny two-days-old, or "the green one" is a really "yacky" phedophile!". Response [again] : More snake eyes! - - - o 0 o - - - I've started reading it - really seriously! -With "seriously" I mean : Every spare moment I have, I grab the book and continue reading, and so far, I'm turned on! -I passed out last night in the bed with the book! I'm already sure this book is very different than other recent books about Berkshire, however it will take some time "to take it in" and digest it! - It's really a "brick"! More to come here from me!

Thank you for reposting and sharing anyway, gfp.

gfp & sleepydragon, Please repost! - Personally, I'm all ears! [please read : "All eyes!"], -thank you in advance! [ : - ) ]

ValueMaven & backtothebeach, No matter what the reality is [we will see soon], the observation by ValueMaven is still interesting. I've been following Statens Petroleum Fond Utland for many years now, but have not looked at it in the last two calendar years. I will take a look at it again in due course, and report back here in this topic. Here, it's not [related to the management principles for Statens Petroleum Fond Utland] only about Berkshire ESG matters, but also about Berkshire Corporate Governance. I'm personally really, really tempted here to go fully invested [which I haven't been since the autumn of 2017], in Berkshire, with new additions considered a trading position.

I'm actually not totally sure that I to the full extent understand the last post by Jurgis here in this topic, I mean, shoudn't this poll be two dimentional? [The "second dimension being "old members" [from before the migration to the new software platform], who will maintain their privileges from "the old forum platform"], and new members?

Within the last couple of days, I've : 1. Added to BRK.B, 2. Added to BAM, 3. Added to MC.PA, & 4. Added to SCHO.CPH, [all, small additions], Furthermore, 5. Added to NORTHM.CPH, [North Media A/S] 6. Started a new position in SPG.CPH [SP Group A/S], & 7. Started a new position in RTX.CPH [RTX A/S]. - - - o 0 o - - All small portfolio movements.

Thank you for sharing, gfp, It certainly appears to be an interesting acquisition candidate for Berkshire. I really can't imagine a company with this kind of activity ever loosing its relevance for societies going forward long term. It'll be interesting to see what the founding family does here. Is it about maximizing the economic outcome of a sale [where the buyer[s] suck[s] every drop of blood out of it, with the intent afterwards to flip it], or will it be about finding a new good & permanent home for the company, with a new & supportive owner, also willing to support new ventures with capital, if needed.

For those of my fellow CoBF members, who continue to try to distort a topic like this into a political discussion, here we go : 1. Enter the main page [www.thecobf.com], 2. Hover over "Forums", 3. Then your are opted to choose between "INVESTMENT FORUM" or "POLITICS FORUM", & 4. Make your choise, according to what's on your mind! - - - o 0 o - - - It's that plain simple [,and then, yet not, based on what your purpose of holding an account here on CoBF really is!].

ValueMaven, You'll likely get some feedback in this topic, when the CoBF members, who have ordered the book, will post their experience while reading this book. - - - o 0 o - - - NB : -& personally honestly [& likely very biased] : Snowball up where the sun doesn't shine! - I simply hate that book!

Here is a podcast interview with Adam Mead about the book : Validea Guru Investor Blog [April 1st 2021] : The History of Berkshire Hathaway and Warren Buffett with Adam Mead (Ep. 80) . It's pretty evident from the interview, that Adam is extremely well wandered in Berkshire, and that his Twitter handle BRK_Student dresses him well! [ : - ) ]

Yes, Jeff, I, too, am comfortable this will be a leap forward for CoBF as a whole, to become a better place for everyone here. We need to give Sanjeev the time to set up things to our purpose.

Posted as a draft by me in the morning my local time [Denmark] on March 31st 2021, without pressing "submit": "Woah! , -thank you, Sanjeev! [ ; - D] -Earlier today [this morning, my local Northern European Time], I noticed the site going off line, with an unusual reponse message. It looks great! - Much more phone & tablet friendly!" - - - o 0 o - - - Now, going back to this topic, -what I then wrote, is "still here", as a draft! [cached]. - - - o 0 o - - - All migrations to another software platform are challenges. I've spent the last few days just looking around for myself to see what - over time - will come to be available to us CoBF members. -Holy-Go-Molly! [ : - ) ] -It sure looks good! [ : - ) ] -A quantum jump compared to the former Simple Machines forum platform! - - - o 0 o - - - We solve the challenges with the new platform by cooperation and sharing af experiences - as we always do here on CoBF! - simple as that. - - - o 0 o - - - Sanjeev, We're all in need of test topic, - or a test forum [sub board] - to mess around with things here on our individual accounts - to get going! -I hope you'll open one!

Paul, In way, it's beyond me, why you're interested in people, who have [basically] folded, and closed up shop. What value do you get out of the information about the late innings?

[size=2]When I read longlake's post a few  days ago, I applied to TICKR.com, wihtout any invitation. I got the invitation to create a new account today [a bit surprising to me].[/size> [font=Verdana][size=2]Now it's up me what I get out of it.[/size][/font> [size=2]Thank you for sharing, longlake.[/size]

Now, I have had enough of this topic. To me, a perfectly reasonable topic to start, with good intentions, now drowned in all kind of political *BS* & "vanilla" [understood as "plain"] *BS*. After this post, I'll press the "Unnotify" button , & do my very best never to read - nor post in - this topic again, and let you all - my fellow CoBF members - live your lives according to your personal opinions & personal choises. Those of you, who want to discuss still, to me, suffer from a personality disorder about aiming control over other people's behavior & doings. In short, you have nothing to sell - there is no demand - and no gross margin on - demand from those of a different opinion compared to your own. So, let it go. It's waste of your time discussing it here. Every CoBF member has [naturally] already given this matter meticulous & careful consideration, each to their own. It's beyond me, what the impact & influence of discusssing this issue with others, has to do with the outcome of our own personal decisions.

Please note Berkshire Hathaway 2020 Annual Report, p. K-101 : Note 17 : Outstanding notes and other borrowings : A bit processed [& thereby simplified]: BHE : USD B 52.153, & BNSF : USD B 23.220, Total : USD B 75.373. And then [same page]: When you have read so far, and taken it in ... - please read it again! -Covenants related to leverage ratios, interest coverage ratios &/or debt service coverage ratios! -Imagine a debt holder approaching Berkshire with an allegation of breach ... -What do you think would happen? [My bet : Allocation to the [non-existent] department of "Berkshire "Academia""] : Just let BHE issue more preferred capital!, - which Berkshire itself will finance / take on. - - - o 0 o - - - This is all about minimizing & reducing "roll over" / refinancing risk [on USD 52 B] in a "100 year "black swan" [frozen financial markets] event" [, which happens much more frequently than every 100 years].

<Off topic> : Greg, I suppose ads started popping up embedded into posts [and embedded posts] a few months ago. Personally, I'm with you on this matter. It would be nice with an optionality here. [PS: I just visited RedTube ..., At least no "cookie reaction" here by that! [ ; - D ].] <End off topic> & <Back to topic>

Each to their own, The whole situation with regard to Texan energy supply is to me so lame. [it's now about 20 years - or so - ago here [Denmark, Northern Europe], that the grid [basically] got burried into the ground - to avoid such situations as in Texas recently]]. I remember Mr. Flatt constantly over the last few years talking about funds to step in to solve basic problems & provide solutions for basic needs, while public authorities or entities simply can't, or won't, deliver the services needed for the population in certain areas.