The Happier Hunting Ground

I really think if you want to be a good evaluator of businesses, an investor, you really ought to figure out a way without too much personal damage to run a lousy business for a while. I don't know whether Charlie has a view on that or not, but it certainly was a big part of our running experience. Tom Spandfelner: What could cause the Berkshire enterprise to not work? Well, if there were some infection outside agent of some sort to change the culture in some major way,. But as a practical matter, I can't think of anything that can harm Berkshire in a material permanent way except weapons of mass destruction.