How Far Out Do We Look?

The question pertains to the issuance of the news stock and again as Charles mentioned is there some potential gold mine out there that you have specifically in mind with some large acquisition. Berkshire is being run the way Thomas Hunt Morgan around the biology department at Caltech he banned the Frieden calculator which was the computer of that era. He said well we're picking up these great nuggets of gold just by organized common sense and resources are short. That's the way Berkshire works, I hope the placer mining era will never come somebody wants to peneed our staffing papers on some acquisition.