Subject: Re: Decker on CNBC
Impossible to dispute that Decker hasn't put any significant money into Berkshire. I've refused to vote for her for many years.

OTOH, why would someone want to be a BRK director except for the opportunity to interact with, and be associated with, Warren and Munger? No pay of consequence. No liability insurance - and BRK could have "f**ked up" with liability exposure that could have exceeded its net worth after the Gen Re acquisition and 911. Very tiny probability - yes. Very high consequences - yes.

It's not a job I would accept. Maybe I don't have enough ego to have the recognition be worthwhile. Buffett has been very free in his teachings. What is he concealing that I might otherwise learn?

Is the interaction with Buffett worth it? Maybe so - people pay millions for a short lunch.

So if Buffett is happy with Decker, I say let him be. And her too.