Subject: Re: Some theories regarding Berkshire
I feel 5-8 are all plausible. I feel the market knows that Berkshire is going to experience a surge in earnings due to a trimming of 40 years of fat by Abel that has accumulated operationally.

Buffett always said he wanted to buy businesses that were so good that monkeys could run them. And I believe many of his acquisitions were excatly that, including the monkeys.

Buffett promised to leave those people alone to do their own thing and he kept that promise. But its a new era and regime at BRK and I believe this is a story that will be told over the coming years, a story that the market may already see unfolding.