Dollars and Jens
Friday, February 29, 2008
Berkshire Hathaway letter
A lot of old hat. What I found most interesting was that he didn't really say anything about the recent legal issues with General Re.

I also kind of hoped for some acknowledgment that, yes, we're still sitting on a huge pile of cash. I had a dark-horse theory that he might declare a dividend. I didn't really expect that, but I did expect some kind of boilerplate "we still think that's worth keeping on the balance sheet until prices of potential acquisitions come down."

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