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Berkshire Hathaway Part II
Acquired
Arbitrage
In secret, good friend reaches a deal with the head of the best performing trading desk on the floor to directly pay them 15 % of all the trading profit they make as bonuses. It's likeit no one here wants to become bigger owners of this thing. You all just want a quick arbitrage opportunity. So i'm already pretty far down the slippery slope here. This is when the real slide starts. Warren and charley aren't thrilled about everything that's going on. But so then the shoe drops. In august 19 91, buffet is on vacation in reno, nevada, and he gets a call from solomon's president,. tom strauss and its general council
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