cho, page-45

One of my favourite letters is the 1984 one.
http://www.berkshirehathaway.com/letters/1984.html

Being an insurance nut, this letter delves into alot on the subject. Not suprising, it was a period when Berkshire was moving heavy into insurance. It was also the year before that Ajit Jain walked into Omaha. The reinsurance expert.


There is no doubt, Ajit will lead Berkshire one day. Even more comfort to own Berkshire Hathaway security after Warren E Buffett passes on the baton.