Lou Whiteman

So it's a different way.

But

It's very rare that a company stops taking $8,000 upfront in return for $100 a month.

I think that's a sign of weakness.

I think that's an admission that it's harder to get $8,000 for stuff that others are getting from just spending $1,000 more on the base model.

I wouldn't be surprised if there's a continued push to get whatever is cutting edge

off of the standard and you pay for something.

But I think that bogey is constantly going to change and as cars will get safer just in the standard, just the consumer will push that.

If I was modeling Tesla, I would have a hard time modeling huge revenue growth in that subscription because I think you're always going to have a moving target of what you can charge for and how much you can charge.

Yeah, my first thought was, thank goodness, Berkshire is finally raising some cash, right, guys?

They only have, what, $382 billion?

I'm not sure that was enough.

Kidding aside, look, yeah, Greg Abel, he's not just doing this, he shook up management, added a corporate council, he's doing a bunch of things.

I don't know what to think of this, because it does seem like a no-brainer.

Why didn't Warren do this?

It makes me wonder, though, if all of our assumptions about just, it'll be business as usual at Berkshire, or Warren picks someone that's continuing the philosophy,

Is that true?

Or are we going to see a dramatically different portfolio here?

I mean, obviously, this is something Warren Buffett didn't want to do or didn't do.

I don't know why he would leave it to his successor if he agreed with this.