The Oracle of Omaha speaks

laurence

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Feb 7, 2005
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My coworker asked for today off a while back, boss was fine with it. Yesterday it came out he and his wife were making the pilgrimage this weekend to the annual Berkshire Hathaway shareholders meeting. I guess he has quite a bit of his nest egg locked up with them. Big buzz this year between his being called as a witness by the SEC and asking his long time buddy Bill Gates to become a member of the board. It makes sense that they are long time buddies, I mean, who do you relate to when your net worth is more than most third world countries' net worth? I will grill my buddy about the events of the weekend, anybody have any questions they want me to ask? :)
 
Here's one...

Berkshire Hathaway has approximately $40 billion in cash that needs to be deployed or distributed to shareholders. Failing deployment (if pickings are slim) what's the plan for distribution?

Ed
 
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