Post #1354 by bigshan on the Berkshire Hathaway board

Please be responsible for your own actions and words, and avoid blaming others or making excuses for your behavior. If you make a mistake, apologize and take steps to correct it.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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<So BRK's 'cash demand liability' is constrained, whereas a bank's is not. >

There is another important catch: BRK doesn't need to pay interest on the cash liability, but banks do. Therefore BRK can afford to wait for better opportunity but banks can't.

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