Do You Think Ruffett Didn't Talk About Mod a Lot in the Early Days?

A few situations that he got involved with probably taught him a lot. He didn'trea ise how big the difference was between department stores and sus candies. And brussel and elson berkshire had very bad experiences trying to expand out of national indemnity into other things. With retail, you don't need much structura other than a better operator to succeed in retail or in insurance. A so it probably was a combination of realizing that an asset bargain, a sort of business, a type of investment worked out for reasons that had to do with the protic economics of it.