Subject: OT, Growth firms
Amazon is a formidable firm, and has grown fast and performed well for so long that one is tempted to take that as a given.

2 year rate of change of sales per share: Amazon 11.7%/yr, Berkshire 17.1%/yr
Comparing Q1 to Q1 two years earlier.

5 year total return of share price: Amazon 7.8%/yr, Berkshire 12.5%/yr

Both our company and our boss may be old and boring, but we're not dead yet!

Jim