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Berkshire Hathaway Part II
Acquired
Solomon Brothers Are in a Pickle
Despite this immense success in the bon market, solomon good friend have gotten themselves in kind of a pickle here. All these traders, all these wolves of wall street, they are generating so much money, but they're demanding that they're going to get paid all the money. One year where that happened famously, one guid individual trader made a 23 million dollarb s in one year in like 19 87 or something. That's a damn lot of money for a rent seeker. There is only value destruction happening here. There is nothing being created. Certainly value capture.
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