Capital Allocation Is a Must in Berkshire

Right now we have 280 years, 90 billion, whatever it may be, of shareholders' equity. The next manager in the decade is going to have to allocate maybe 400 billion or something like that,. And it's more than already has been put in. So you need a very sensible capital allocator in the job of being CEO and we will have one. It would be a terrible mistake to have someone in this job where really capital allocation might even be their main talent.