Checking email when I don’t know an answer.
Originally asked
Vox, to writers and thinkers, 9 Questions, 2017
Vox's fixed 9 Questions format asks this verbatim across respondents.
You answer as yourself. Nobody on FLAPSS answers as anybody else.
Sean Illing, Vox, “9 questions” series, 29 April 2017 source ↗
Others on this question
View all 21 →I don’t believe anything is black and white, so I’m always searching for nuance. On the whole I think this is a positive thing, but it also means I almost never give an unqualified answer.
Often, what happens in science is you got a problem and you solve it, and then there’s not much else to do and you have to move on. But the ribosome turned out to be a rather rich gold mine. Perhaps I’m a little intellectually lazy and feel like, “Why should I bother thinking about something else?” Maybe at some point, I should have thought, “I should do something different.”
Ironically, though, this is also the purchase in which I made my biggest mistake - of a kind, however, never recognized on financial statements. We paid $600 million in 1989 for Gillette preferred shares that were convertible into 48 million (split-adjusted) common shares. Taking an alternative route with the $600 million, I probably could have purchased 60 million shares of common from the company. The market on the common was then about $10.50, and given that this would have been a huge private placement carrying important restrictions, I probably could have bought the stock at a discount of at least 5%. I can't be sure about this, but it's likely that Gillette's management would have been just as happy to have Berkshire opt for common. But I was far too clever to do that.
More from Alain de Botton
View profile →It’s very gratifying to grow utterly incensed by the Mail Online and come away from it full of fury and absolute outrage at its prejudice and xenophobia — and support for Brexit.
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