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Apr 17, 2023Liked by Kingswell

Enjoy your thorough work, thanks. There is absolutely no question at all for anyone who is familiar with Buffett that he would ever speak like that in public about a company if Ted or Todd had bought it. Zero question. I'd virtually bet my life on it. As for Berkshires earnings on cash now being a big reward, isn't it earning less than it was at 4 basis points? In real terms which is all that matters? This is a link to Bloomstran describing what Buffett is probably seeing in PARA. https://business.columbia.edu/sites/default/files-efs/imce-uploads/Graham%20Doddsville%20Fall%202022%20Issue%2046_0.pdf

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