Guru

I do not agree with the comments Sokol made now, but I did feel at the time that Sokol did get thrown under the bus by BRK after the PR storm erupted. I did not get the sense that Sokol was after monetary gain when he made the recommendation. To me it seemed like he had invested in Lubrizol, liked the investment and recommended it to WEB. We do not know what his real motive may have been but it did not appear to me that it was motivated by monetary gain. For those who attended the 2011 AGM if you recall WEB had recounted the story of how he had offered Sokol a performance bonus payable if he met performance targets at Mid American. Sokol had gone back to him asking that the bonus be shared equally between him and Greg Abel his deputy at the time, thereby foregoing $25 million of potential income.

Twin Cities, MN

Reading it right now. Favorite quote so far - "We now have eight subsidiaries that would each be included in the Fortune 500 were they stand-alone companies. That leaves only 492 to go. My task is clear, and I’m on the prowl."

+1

An investing great indeed. RIP :(

No prob let me know what you think when you get a chance to read it. Myth - I had read it when I posted and I liked his analysis and agreed with most of it. Plus he has the credibility that comes from being an insider for so long. I mean he is not a liberal bashing the right but one who has served the republican party for 28 years but just got fed up with the current political set up. Thanks again

Myth - Thanks for sharing the link

I will be there too. Will catch up with other board members at the yellowbrkers party