The Net Net Set Has Declined by 90% Over the Past 20 Years

The number of companies that have gone public in the US has declined by 90% since Buffett started investing. It's been more than a 50% decrease in the number that our public Yeah, there's a lot of that because of like private equity and venture capital I mean you you hear all the time in news. Oh, they're doing their series whatever at a two three four five ten fifteen twenty billion Dollar valuation where historically it would go public. There are also many public companies that lose a lot of money and so it would never be net nets.