new thread, page-126

Interesting read in the Australian today with Dr Morgan of wbc talking about his 'soul mate' Warren Buffett.
Apparantly Buffett reads the wbc annual report from cover to cover, and if not for the 15% foreign limit he would have probably taken over it. Well,, is this Morgan trying to gain market confidence for when he leaves wbc and passes the torch to the next ceo? Who knows but interesting read nonetheless.

No doubt, he has been a good leader like Murray and McFarlane but for Berkshire to take a stake in wbc I doubt it. What would be a good fit for Berkshire holders is IAG. Like Geico, they are prominant and heavily in motor especially in NSW. Geico is only concentrated itself in a few states in the U.S.
This would do wonders for IAG holders as Morgan states in the Australian if Berkshire took a stake in wbc.
In any case, it will only be a matter of time Berkshire finds itself in Australia. Looking forward to it when they do.