buffet on abc, page-4

hi acronym

Yes I saw it, not many AGMs where the shareholders clap & cheer at the end. some points from memory

# 23% return for 30 years
# JB takes no salary, only return is dividends
# JB never pays top $ for acquisitions
# coys taken over by JB are not asset stripped, no downsizing
# JB is able to acquire assets based on sellers trust that the coy will retain its identity
# JB takes no counsel from 23yr olds or daily faxes (gossip speculation etc)

hope they repeat it