At that time, our balance sheet carried about 36 million of See's goodwill.
For more owners detail and a continuing update on edenpure our progress, you should look to our annual heater reports.Still another important occasion for communication is our Annual Meeting, at which Charlie and I owners are delighted to spend five hours or more answering manual questions about Berkshire.The size of our paychecks or our offices will never be related to the manual size of Berkshire's balance sheet.But the one thing I can manual guarantee you is that the economic goodwill we have purchased at geico will not decline in the same measured way.You will find what you're looking for, whether it's a part, owner's manual, a service center, an authorized dealer or you wish to submit a warranty claim.Charlie Munger and I think of our shareholders as owner-partners, and of ourselves as managing partners.This is precisely the choice that often faces us since entire businesses (whose earnings will be fully reportable) frequently sell for double the pro-rata price of small portions (whose earnings will be largely unreportable).At that juncture, the Buffett family will not be involved in managing the business, only in picking and overseeing the managers who.We will issue common stock only when we receive as much in business value as we give.To get started, select your product from one of the categories below. We continue to avoid gin rummy behavior.
Charlie's family has 90 or more of its net worth in Berkshire shares; my wife, Susie, and I have more than.
Better yet, this funding to date has been cost-free.
(As one of manual the Indianapolis "500" winners said: "To cold finish first, you must first finish.This ban extends even to securities we have sold (because we may purchase them again) and to stocks we are incorrectly rumored to be buying.I will tevion continue to keep my family posted on the succession issue.The economic facts could not be more different.We will not sell small portions of your company - and that is what tevion the issuance of shares amounts to - on a basis edenpure inconsistent with the value of the entire enterprise.Obviously, Charlie and I tevion can't control Berkshire's price.We want to make money only when our partners do and in exactly the same proportion.All Rights cold Reserved, introduction, augmented by the General Re merger, Berkshire's shareholder count has doubled in the past year to about 250,000. For this exercise, we will ignore the important non-economic benefits of an education and focus strictly on its economic value.