Post #6364 by hclasvegas on the Berkshire Hathaway board

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"" Todays buyer of the S&P500 is getting an earnings yield of 3.61%, 40% of which is going into the pocket of management."" Which is why I went way over weight brk 20 years ago. Brk would have been a major home run If,IF, a public company with zero option grants , would have been a big buyer at , material discounts to Iv, oh well. I'm shocked Chris wasn't all over this concept 20 years ago.

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