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So... if Buffett can hit home runs like the Heinz acquisition (and according to most here, GE, BAC, GS, ...); do we believe that Berkshire will keep getting the same kind of deals after he is gone?
If they won't, does that lower the IV of Berkshire when he is gone?
i.e. IV of BRK =
probability of WEB in charge * IV considering BRK getting favorable deals + (1 - prob WEB in charge) * IV considering BRK as just another conglomerate?
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