Subject: Re: OT: T-bills
PS, speaking of T-bills, I will bravely suggest that Berkshire will not be the choice with the highest pre-tax total return among the following choices in the next 12-18 months:

* T-bills (About 4.25% if you simply bought 12-18 month bills right now)
* Kraft Heinz stock (closed $29.32)
* Berkshire Hathaway stock (closed $482.82)

The KHC is a bit of a wild card. Is it "so bad it's good" yet? Dividend yield is 5.46%, and forward retained earnings probably similar to that, so potentially a useful cash cow at these prices if they can keep 'er steady. There's always an "if".

Berkshire is about 20% more expensive than its 17 year average (since the credit crunch).

Jim