#Berkshire Hathaway has selected Gen Re chairman Charlie Shamieh as the successor to longtime insurance mastermind Ajit Jain #Buffett https://t.co/Tmj3nK1Bft via @WSJ
@charliebilello There should be an adjustment of ~$17B for a payable of T-Bills purchased over quarter end. So true cash is closer to $380B, but story is still the same.
Happy to share the Semper annual letter. We posted it to the website last night. I attempted a section on the improbability of adequate return on capital in the AI arms race. With the retirement of Warren at Berkshire, be sure to see the unreal statistics.
https://t.co/hT4d5pHw54
There’s never been someone like Warren, and countless people, myself included, have been inspired by his wisdom. It’s been one of the great privileges of my life to know him. And there’s no question that Warren is leaving Berkshire in great hands with Greg.
Happy sharing the Semper annual letter. I dread the start, but once immersed love the process and always learn something. Makes the labor of love worthwhile, as does your appreciation and kindness. The ongoing analysis of Berkshire is included. Thank you! https://t.co/hT4d5pHw54