Subject: Re: Brkb shares donated by Buffett since 06,
In 2006 I suggested that the Buffett donation agreement should be amended to include a provision that Brk would have the, right of first refusal, to buy all or a portion of Gates Foundation sales. Obviously Brk should have also authorized a buyback, at material discounts to IV in 2006 as well, as I suggested at that time. I wonder where brkb would be trading today if Brk had bought back all Gates foundation sales to date? Oh well, I do know those unforced errors cost me a lot of money. Some day someone might ask Buffett what he was thinking back then, we know Becky will never ask him.