Replies to post #1390 on Berkshire Hathaway Inc (BRK.B)

[bar1080]

Breaking up BRK would trigger tons of taxation.

You DO pay a premium to get Buffett/Munger as money manager. You also get Buffett as investment superstar. No one has better connections. No one can borrow money cheaper. No one refuses to take a phone call from them.

Once you pay the upfront premium to buy BRK shares, the "boys" work dirt cheap. $100k each per year spread over 80 enterprises.

As WB says: "You can trust us not to do something stupid with your money."

[bar1080]

Don't be surprised if BRK's next filing shows they enlarged their itty bitty holding in UPS.

Stodgy old UPS shares are suddenly red hot. Up 7% Friday and 3% more today.