Subject: Re: Questions for Becky
I sent Becky:

“Our cash equivalents are now over $375B and growing with T-bills earning ~4%. Large private businesses that would move our needle are rare and public equity valuations are still lofty. Approximately $65B of normalized owner earnings are pouring into Berkshire annually. How and when do you anticipate we will be able to allocate a large portion of this enormous amount of cash & can we repurchase the large blocks of shares that Warren(his estate) will donate to foundations?”