redskin

Don Graham was very close to acquiring Facebook for something like $1 billion.

I think Buffett would cringe with this article. He would much prefer to be 'Capital light'. Apple has returned close to $1 trillion to shareholders through dividends and buybacks over the past 15 years. Apple could've retained that capital and exceeded Berkshire's 'Net Worth' by a significant margin.

Does anyone know where to find the podcast with the Pilot CEO that Warren and Greg mentioned?

So it looks like it was worth giving up the 6%

Berkshire has received $53.68 billion in dividends from BNSF since its purchase in 2009. Did he pay $34B for it?

The Forbes article gives his performance from 2006 through 2009. He was up 35% over that period. The S&P 500 total return over the same period was -2.6%. I don't understand how they could be critical?

I appreciated the link. There were some articles or information I didn't see. I liked the summary.

I know nothing about Ally, but you mention $150 billion in deposits. I assume those deposits are funding their loans. Berkshire would need to fund the loans if they sell the deposits. If you assume a bank can earn 1% ROA, they could make $1.5 billion on those deposits. Maybe a 10 multiple ($15B)? I would assume a lower multiple as you don't know if you will retain all of the deposits.

BNSF has distributed $50.58 billion to Berkshire since it was purchased in 2009.

Well said...

What was the price they paid for McClane?

https://www.wsj.com/articles/SB890230215616525000

I'm having a tough time finding anything cheaper and safer than WFC..

He bought about 15% of the average daily volume.