The Importance of Running a Business Right

If I'd made that trade 27 years ago and said, if you take 17 million for the float you have, no tax to be paid, the float for which you just paid 8 million 7 when we bought the companies, and got out of the insurance business, I might have said yes in those days. It is not worth 7 billion dollars to us to forego being an insurance business forever at Berkshire Hathaway. If it were non-taxed profit, so we got the full 7 billion, pure-edition equity, we would not take it. And we wouldn't even think about it very long. So as Charlie said, that is not,. that is not the answer that we