I've mentioned that we strongly prefer to use cash rather than Berkshire stock in acquisitions. A study of the record will tell you why: If you aggregate all of our stock-only mergers (excluding those we did with two affiliated companies, Diversified Retailing and Blue Chip Stamps), you will find that our shareholders are slightly worse off than they would have been had I not done the transactions. Though it hurts me to say it, when I've issued stock, I've cost you money.
Originally asked
The Guardian, to a different person each week, The Q&A
A fixed Guardian Q&A prompt asked directly across respondents and years.
You answer as yourself. Nobody on FLAPSS answers as anybody else.
The Guardian, The Q&A, The Guardian, 20 August 2016 source ↗
Others on this question
View all 209 →My wife. I made mistakes in my early life and hurt her. Everybody thinks the grass is greener, but it’s not. To say sorry to her when she understands will be one of the greatest gifts God has given me.
Teachers at my school, for being such a smartarse.
My father because I was 12 when he passed and I blamed him for everything in my parents’ marriage. Now I realise he did the best he could and was just figuring life out like everybody else.
More from Billy Ocean
View profile →My song, Suddenly.
He passed away a few months ago: Muhammad Ali.
I would do a lot more investments.
As somebody who tried.
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