A lot of people were expecting a big deployment of cash during that time from buffet ind berkshire hathaway. Some argued that it was potentially because of this exposure and risk that they had to underlying insurance businesses. Me, i would have liked to see them hand over fist. They were doing fine with 50 billions of excess cash. Why not just let that go out the door and repurchases orr do some aggressive moves? I think seeing those number one rule of live to see to morrow, just trumped everything else. And so i can't really fault him knowing his thinking at least what he said overtime.

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