The Benefits of Investing in High Octane Companies

Zonal 11: Mr. Buffett, I would like to thank you again for issuing the class B shares. And I am a class B shareholder. I need your comment on some analysis that we did. If someone uses your investment philosophy of building a highly concentrated portfolio of six to eight stocks and adopts your buy and holding principle so that the max of compounding and notax works for you but however with one major modification invest in high octane companies like Intel and Microsoft that are growing at 30% instead of typical 15%. My question is will this investment philosophy translate into twice the shareholder return as you have historically provided to yourself? Well it will certainly work out to twice the return of Intel