Here's the letters.
Funny coincidence, Bill Gates joins the Berkshire Hathaway board and his charitable foundation earns 10,000,000 "B" shares for the effort. Good thing he & Warren play bridge so well together!
I think this is a great way for Buffett to smooth out the volatility that will inevitably come when he dies or resigns. Over the next decade or so he'll be able to point out that charities hold the majority of BRK shares and there won't be a market fear of his estate dumping them all at once.
Hmmm. Anyone seen Buffett make any public appearances since the shareholders' meeting?
It'll be interesting to see what this does to the share price tomorrow. (*Click*) Buckle up, folks...
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