Lou Whiteman
👤 SpeakerAppearances Over Time
Podcast Appearances
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.
That doesn't seem like his sort of thing.
It could be a signal that there's more selling.
Are we creating an offset for some gains or something like that?
But I have real questions about what you can do with this portfolio to really, really get
investors interested again to make it less business as usual.
As I said, they do have almost half a trillion dollars in cash to play with.
Maybe this is a sign that business as usual, the steady as she goes, maybe that's not the plan here.
I doubt it's going to be dramatic.
I don't think they're going to be doing triple-day options in tech stocks or anything like that.
I don't think that.
But maybe this Fortress Berkshire that we're so used to, that's just plotting along, maybe Greg Abel was picked because he didn't want to do that.
Who knows?
Charles, I'm so confused by this, because it was last year I was watching actress Bella Ramsey in an Apple TV ad, and she was at a party, and she couldn't remember who it was that was coming up to her, and her phone quickly, in a chatbot form, just gave her information about who she was talking to and all of that.
So, what?