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David Rosenthal: evaluation

7 Jun 2021 Acquired Berkshire Hathaway Part III

“I don't know, that's kind of sad for Berkshire that I think of it as an alternative to cash.”

— David Rosenthal

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Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
evaluation
Recorded
7 Jun 2021
Publisher
Acquired

Transcript context

…Right. Just sitting there getting devalued in my bank. Yeah. Literally every day that goes by, you're getting poorer and poorer holding cash. Again, not investment advice. That's when I decided I'm really worth this and I'm going to have to allocate my liquidity allocation to Berkshire. Because I can feel pretty confident it's not going to be money and I’ll at least get some return on the capital. I don't know, that's kind of sad for Berkshire that I think of it as an alternative to cash. But again, I think that's where the stock is at, at this point. Fascinating. At 10 hours in and this is where we arrive.…

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