| WE CAN SEE EXXONMOBIL UP 2%. | 10.267 | Jump to 28.016 |  |  | 
              
                
                  | ARE EACH UP 3%. | 4.584 | Jump to 41.216 |  |  | 
              
                
                  | >> FACEBOOK WAS ONE OF THE | 1.667 | Jump to 63.016 |  |  | 
              
                
                  | THIS IS A TWO-MONTH CANDLESTICK | 1.234 | Jump to 105.116 |  |  | 
              
                
                  | HERE IS A THREE MONTH VIEW. | 2.3 | Jump to 159.65 |  |  | 
              
                
                  | TO A ONE YEAR. | 5.533 | Jump to 162.15 |  |  | 
              
                
                  | SELLING OFF FROM 45,000 TO | 5.617 | Jump to 171.116 |  |  | 
              
                
                  | 46,000, YOU COULD PROBABLY | 1.533 | Jump to 175.833 |  |  | 
              
                
                  | BOARD, THE S&P 500 AND THE DOW | 8.534 | Jump to 382.466 |  |  | 
              
                
                  | COMING ABOUT 55 MINUTES AHD | 2.35 | Jump to 391.1 |  |  | 
              
                
                  | STRONG LIKELIHOOD OF THE FIRST | 7.667 | Jump to 399.783 |  |  | 
              
                
                  | THAT STARTED THE FIRST MARKET | 2.133 | Jump to 459.683 |  |  | 
              
                
                  | 10 YEAR YIELD TO START | 1.966 | Jump to 470.85 |  |  | 
              
                
                  | 50 BASIS POINTS IN MARCH, MAYBE | 2.4 | Jump to 476.7 |  |  | 
              
                
                  | 10 YEAR LEAD YIELD. | 10.734 | Jump to 545.166 |  |  | 
              
                
                  | >> THE 10 YEAR T-NOTE YIELD, | 10.333 | Jump to 547.0 |  |  | 
              
                
                  | THIS IS A TWO MONTH CHART. | 5.4 | Jump to 563.95 |  |  | 
              
                
                  | LET ME PUT A SIX MONTH CHART | 1.567 | Jump to 568.016 |  |  | 
              
                
                  | I THINK WE'VE REACHED ONE OF | 2.3 | Jump to 571.75 |  |  | 
              
                
                  | FROM ONE PLACE TO ANOTHER. | 2.634 | Jump to 653.466 |  |  | 
              
                
                  | ALMOST 11 MONTHS HERE ON THE | 6.367 | Jump to 931.483 |  |  | 
              
                
                  | BELIEVE WILL BE ONE OF THE ST | 7.683 | Jump to 969.583 |  |  | 
              
                
                  | SIGNALS THAT WE ARE TRULY ONE | 1.966 | Jump to 988.4 |  |  | 
              
                
                  | THE MERGER OF TWO SEPARATE | 2.333 | Jump to 996.783 |  |  | 
              
                
                  | STOCK IS TRADING NINE TIMES | 1.333 | Jump to 1156.233 |  |  | 
              
                
                  | $6.3 BILLION IN STOCK. | 3.3 | Jump to 1162.216 |  |  | 
              
                
                  | QUARTER I THINK 16% OF YOUR | 2.234 | Jump to 1234.516 |  |  | 
              
                
                  | WE POINTED OUT THAT 2021 AND Q4 | 7.35 | Jump to 1256.166 |  |  | 
              
                
                  | GROWTH AND ADDED 9.4 MILLION | 9.2 | Jump to 1260.983 |  |  | 
              
                
                  | 100 MILLION SUBSCRIBERS IN OUR | 4.267 | Jump to 1278.966 |  |  | 
              
                
                  | BUSINESS BY 2024. | 8.266 | Jump to 1279.9 |  |  | 
              
                
                  | WE EXPECT IT TO TURN INTO $9 | 5.467 | Jump to 1283.333 |  |  | 
              
                
                  | BILLION IN 2024. | 4.2 | Jump to 1288.266 |  |  | 
              
                
                  | WE EXPECT TO DELIVER BY 2024, | 2.967 | Jump to 1315.133 |  |  | 
              
                
                  | IN 2023 THEN EARNING START TO | 4.65 | Jump to 1323.133 |  |  | 
              
                
                  | 2021 AND WE ARE PUSHING THE | 9.05 | Jump to 1356.0 |  |  | 
              
                
                  | IN 2024, THE NEW THEATRICAL | 1.433 | Jump to 1370.15 |  |  | 
              
                
                  | TWO, CHARLIE MUNGER IS ABOUT TO | 3.333 | Jump to 1455.833 |  |  | 
              
                
                  | IT IS ONE OF THE RARE | 3.434 | Jump to 1482.866 |  |  | 
              
                
                  | IS TO ELECT FOUR DIRECTORS. WE | 11.384 | Jump to 1500.016 |  |  | 
              
                
                  | YOUR ON WITH THE FIRST QUESTION. | 11.233 | Jump to 1528.35 |  |  | 
              
                
                  | FIRST. | 1.167 | Jump to 1549.333 |  |  | 
              
                
                  | FIRST QUESTION FROM SOMEONE WHO | 1.767 | Jump to 1549.566 |  |  | 
              
                
                  | THE FIRST PART OF THE QUESTION | 2.567 | Jump to 1551.433 |  |  | 
              
                
                  | >> IN THE SECOND QUESTION, THE | 2.267 | Jump to 1573.583 |  |  | 
              
                
                  | SECOND PART OF THE QUESTION IS, | 2.75 | Jump to 1574.916 |  |  | 
              
                
                  | ONE. | 1.666 | Jump to 1619.1 |  |  | 
              
                
                  | BECAUSE HE IS 83  AND I AM 98, | 5.333 | Jump to 1632.55 |  |  | 
              
                
                  | ONLY ONE QUESTION. | 7.433 | Jump to 1700.383 |  |  | 
              
                
                  | TECHNOLOGIES SERVES 30 STATES | 1.5 | Jump to 1708.35 |  |  | 
              
                
                  | SERVES 42 STATES. | 2.1 | Jump to 1712.633 |  |  | 
              
                
                  | >> JERRY, YOU TAKE THAT ONE. | 2.5 | Jump to 1721.233 |  |  | 
              
                
                  | PAST 30 YEARS. | 5.634 | Jump to 1996.316 |  |  | 
              
                
                  | $49 AND MARGIN DEBT TO MAKE | 1.6 | Jump to 2078.633 |  |  | 
              
                
                  | THAT WAS ONE QUESTION I | 1.534 | Jump to 2122.066 |  |  | 
              
                
                  | ONE. | 4.967 | Jump to 2171.383 |  |  | 
              
                
                  | NUMBER FOUR, HUMAN RIGHTS | 1.066 | Jump to 2200.85 |  |  | 
              
                
                  | STATES IF WE TWO ARE CLOSE. | 4.867 | Jump to 2286.733 |  |  | 
              
                
                  | THEY HAD TO PREVENTIVE 500 | 7.017 | Jump to 2320.966 |  |  | 
              
                
                  | LLIOPEOP OR 600 MILLION | 1.916 | Jump to 2327.1 |  |  | 
              
                
                  | SIDE OF THAT ONE. | 7.834 | Jump to 2363.916 |  |  | 
              
                
                  | THAT ONE. | 4.9 | Jump to 2385.066 |  |  | 
              
                
                  | HE SAYS, ALIBABA IS A TOP THREE | 4.6 | Jump to 2469.683 |  |  | 
              
                
                  | I WILL AS THIS ONE FROM CARL | 4.0 | Jump to 2572.55 |  |  | 
              
                
                  | WHO SAYS CRYPTO IS A $2 | 3.067 | Jump to 2573.983 |  |  | 
              
                
                  | TRILLION ASSET CLASS. | 1.55 | Jump to 2576.65 |  |  | 
              
                
                  | A CURRENCY IF THEY WANT ONE. | 8.8 | Jump to 2663.05 |  |  | 
              
                
                  | THIS ONE, HE SAYS, TWO YEARS | 2.566 | Jump to 2694.75 |  |  | 
              
                
                  | SINCE THE MEETING WE'VE SEEN 860 | 7.533 | Jump to 2700.25 |  |  | 
              
                
                  | YOU MODEL INTO ONE MARKET AND | 2.333 | Jump to 2766.483 |  |  | 
              
                
                  | BILLION IN THE DAY. | 5.034 | Jump to 2846.066 |  |  | 
              
                
                  | WE DO NOT NEED ONE THAT LIQUID. | 4.033 | Jump to 2848.733 |  |  | 
              
                
                  | 4-YEAR-OLD AND FINISHING HIS | 2.1 | Jump to 3022.133 |  |  | 
              
                
                  | BETWEEN 1950 AND 1980? | 8.067 | Jump to 3046.466 | 
                      
                        
                      
                        DATE
                      
                      
                        BETWEEN 1950 AND 1980
                      
                     |  | 
              
                
                  | JAPAN IS ONE OF THE MORE | 2.266 | Jump to 3098.65 |  |  | 
              
                
                  | THEY HAD 25 YEARS OF STASIS WITH | 9.634 | Jump to 3113.166 |  |  | 
              
                
                  | THE PRIMATE WAS TAKEN TO 20% | 6.834 | Jump to 3270.016 |  |  | 
              
                
                  | 15% ON GOVERNMENT BONDS, THAT | 1.75 | Jump to 3276.95 |  |  | 
              
                
                  | THAT THE 2020 HINDSIGHT, WAS A | 8.667 | Jump to 3301.116 |  |  | 
              
                
                  | ONE PERSON, ONE VOTE, AND THEN | 7.65 | Jump to 3356.933 |  |  | 
              
                
                  | THE PAST TWO YEARS HAS | 1.766 | Jump to 3413.1 |  |  | 
              
                
                  | OF 40 YEARS. | 1.633 | Jump to 3415.033 |  |  | 
              
                
                  | >> THE FIRST PART, I AGREE WITH | 2.967 | Jump to 3422.866 |  |  | 
              
                
                  | YOU ARE LUCKY IF YOU HAVE FOUR | 3.25 | Jump to 3575.75 |  |  | 
              
                
                  | HAVE FOUR THINGS TO BUY. | 4.633 | Jump to 3595.75 |  |  | 
              
                
                  | AND, TO ASK FOR 20 IS REALLY | 4.367 | Jump to 3597.816 |  |  | 
              
                
                  | BRAINS TO GET 20 GOOD | 8.284 | Jump to 3607.616 |  |  | 
              
                
                  | HE'S ONE OF THE SMARTEST | 3.2 | Jump to 3639.283 |  |  | 
              
                
                  | AND YOUNG MALES SPENDING 40 | 3.133 | Jump to 3650.933 |  |  | 
              
                
                  | IT WHEN PEOPLE SPEND 40 HOURS A | 2.834 | Jump to 3738.716 |  |  | 
              
                
                  | SEVERAL QUESTIONS ALL IN ONE | 4.766 | Jump to 3904.45 |  |  | 
              
                
                  | WENT UP 1 DEGREE CENTIGRADE AND | 7.35 | Jump to 4108.416 |  |  | 
              
                
                  | ABOUT 200 YEARS. | 11.733 | Jump to 4112.833 |  |  | 
              
                
                  | THIS ONE IS BIRCHER ANNOUNCED | 5.234 | Jump to 4137.416 |  |  | 
              
                
                  | ZERO HERE IN THE UNITED STATES | 6.383 | Jump to 4145.183 |  |  | 
              
                
                  | HOW MUCH, WE KILL 30,000 PEOPLE | 4.9 | Jump to 4199.016 |  |  | 
              
                
                  | SUPPOSEDLY WE ARE 60,000 WITH | 6.767 | Jump to 4204.883 |  |  | 
              
                
                  | IT IS MORE THAN 15% OFF, IT HAS | 8.433 | Jump to 4316.2 |  |  | 
              
                
                  | TREAT THOSE TWO IMPOSTERS JUST | 5.616 | Jump to 4395.2 |  |  | 
              
                
                  | 30/40 YEARS AGO. | 16.317 | Jump to 4430.616 |  |  | 
              
                
                  | TO BE STRONG 50 YEARS FROM NOW, | 8.084 | Jump to 4472.116 |  |  | 
              
                
                  | 70, 80, 90 YEARS. | 9.234 | Jump to 4501.316 |  |  | 
              
                
                  | OFFICE FIVE DAYS A WEEK. | 2.35 | Jump to 4578.85 |  |  | 
              
                
                  | ARE NEVER GOING BACK TO FIVE | 4.4 | Jump to 4581.3 |  |  | 
              
                
                  | MAYBE THEY WILL HAVE TWO | 2.784 | Jump to 4610.516 |  |  | 
              
                
                  | 60% THE FIT YEAR. | 3.317 | Jump to 4912.383 |  |  | 
              
                
                  | THEY WOULD RATHER HAVE IT 60% | 3.633 | Jump to 4930.183 |  |  | 
              
                
                  | I THINK HE WILL GO DOWN AS ONE | 4.034 | Jump to 4939.916 |  |  | 
              
                
                  | 30 YEARS AFTER HE MADE THE | 2.533 | Jump to 4980.633 |  |  | 
              
                
                  | HE SAID, ONE PARTY GOVERNMENT. | 13.134 | Jump to 4999.916 |  |  | 
              
                
                  | BIG COMPANY GETS $300,000 A | 7.65 | Jump to 5123.0 |  |  | 
              
                
                  | A MAN WHO NEEDS $3000 EXTRA A | 3.033 | Jump to 5132.483 |  |  | 
              
                
                  | THE ONE THING YOU CAN GUARANTEE | 2.6 | Jump to 5135.95 |  |  | 
              
                
                  | CHARLIE MUNGER, AGE 98. | 9.75 | Jump to 5196.033 |  |  | 
              
                
                  | IS ONE BUSINESS IS DYING AND WE | 6.617 | Jump to 5244.083 |  |  | 
              
                
                  | THERE WERE 500 NEWSPAPER | 1.617 | Jump to 5262.133 |  |  | 
              
                
                  | THREE THAT HAD A RESULT LIKE | 2.633 | Jump to 5263.85 |  |  | 
              
                
                  | NEITHER GARRETT OR I TOOK ONE | 7.7 | Jump to 5272.016 |  |  | 
              
                
                  | WEARING FIVE OR SIX DIFFERENT | 2.4 | Jump to 5286.333 |  |  | 
              
                
                  | LIKE 30 PEOPLE  IN HEADQUARTERS | 4.917 | Jump to 5293.866 |  |  | 
              
                
                  | LOOK AT THE THREE COMPANIES | 3.733 | Jump to 5349.733 |  |  | 
              
                
                  | THEY CALLED THEM THE FOURTH | 1.766 | Jump to 5448.2 |  |  | 
              
                
                  | ESTATE MADE THE FOURTH BRANCH | 1.4 | Jump to 5449.166 |  |  | 
              
                
                  | NOW ABOUT 95% WILL GO AWAY | 2.534 | Jump to 5451.466 |  |  | 
              
                
                  | OULDHAVEA THIRD PARTY. | 5.35 | Jump to 5513.65 | 
                      
                        
                      
                        ORG
                      
                      
                        OULDHAVEA THIRD PARTY
                      
                     |  | 
              
                
                  | SO, EVERY 10 YEARS OR SO, THE | 12.15 | Jump to 5539.65 |  |  | 
              
                
                  | ONE GROUP OF NUTS THROWS OTHER | 2.533 | Jump to 5558.933 |  |  | 
              
                
                  | ONE THING THEY CAN BOTH AGREE | 11.684 | Jump to 5561.966 |  |  | 
              
                
                  | >> YOU COULD HAVE A THIRD PARTY | 5.0 | Jump to 5588.8 |  |  | 
              
                
                  | MAYBE WE WILL GET A THIRD PARTY. | 7.8 | Jump to 5597.95 |  |  | 
              
                
                  | 40 OF THEM. | 2.8 | Jump to 5607.616 |  |  | 
              
                
                  | OF COURSE, ONE OF THE GLORIES | 6.033 | Jump to 5716.3 |  |  | 
              
                
                  | EDUCATORS, THOSE TWO TRY TO | 7.916 | Jump to 5758.3 |  |  | 
              
                
                  | THAN WE WERE 200 YEARS AGO. | 6.317 | Jump to 5829.566 |  |  | 
              
                
                  | BEDROOM THEN ONE WITH A WINDOW | 6.0 | Jump to 5884.133 |  |  | 
              
                
                  | BE CONVENIENTLY CLOSE TO ONE | 4.734 | Jump to 5940.216 |  |  | 
              
                
                  | BEING NEAR ONE ANOTHER. | 5.2 | Jump to 5952.566 |  |  | 
              
                
                  | YOU PAY $20,000 A WEEK OR | 2.667 | Jump to 5974.316 |  |  | 
              
                
                  | CRUISE SHIP, THEY HAD TWO | 6.633 | Jump to 5984.833 |  |  | 
              
                
                  | STATE RESPITE ONE WITH A WINDOW | 3.567 | Jump to 5991.566 |  |  | 
              
                
                  | AND ONE WITHOUT A WINDOW. | 3.933 | Jump to 5992.8 |  |  | 
              
                
                  | THEY CHARGED MORE WITH THE ONE, | 5.583 | Jump to 5995.233 |  |  | 
              
                
                  | A HIGHER PRICE FOR THE ONE WITH | 4.983 | Jump to 5996.833 |  |  | 
              
                
                  | GOT FOR A REAL ONE. | 4.6 | Jump to 6001.916 |  |  | 
              
                
                  | I GUARANTEE THE ONE THING ABOUT | 5.316 | Jump to 6027.0 |  |  | 
              
                
                  | THEY COST SEVEN DOLLARS MORE | 3.633 | Jump to 6134.283 |  |  | 
              
                
                  | LIKE SEVEN DOLLARS AND THEY | 5.017 | Jump to 6145.683 |  |  | 
              
                
                  | YOUR VIEW OF 3G CAPITAL AND | 4.117 | Jump to 6213.016 |  |  | 
              
                
                  | FIVE YEARS. | 3.233 | Jump to 6220.0 |  |  | 
              
                
                  | IT COST THEM $100,000 TO TAKE | 4.3 | Jump to 6293.1 |  |  | 
              
                
                  | ONE DIRECT FROM GERMANY AND | 5.617 | Jump to 6295.833 |  |  | 
              
                
                  | YOU DON'T NECESSARILY WANT 100% | 6.534 | Jump to 6322.866 |  |  | 
              
                
                  | HINES CORPORATION COST $600,000. | 9.05 | Jump to 6339.75 |  |  | 
              
                
                  | COSTS ABOUT $300. | 6.933 | Jump to 6348.9 |  |  | 
              
                
                  | THAT, SOMEBODY LIKE 3G COMES | 2.55 | Jump to 6363.5 |  |  | 
              
                
                  | ONE. | 6.184 | Jump to 6479.116 |  |  | 
              
                
                  | RUNNING DEFICITS CLOSE TO 20%. | 5.233 | Jump to 6620.0 |  |  | 
              
                
                  | RUNNING ABOUT A 33% TOL | 2.45 | Jump to 6630.8 |  |  | 
              
                
                  | $30 TRILLION IN DEBT. | 4.166 | Jump to 6639.95 |  |  | 
              
                
                  | INTEREST COMPRISES 6% OF | 8.384 | Jump to 6641.216 |  |  | 
              
                
                  | CASH OVER THE NEXT 12 MONTHS? | 5.967 | Jump to 6781.933 |  |  | 
              
                
                  | OF EARLY 2020, WHY IS BERKSHIRE | 4.566 | Jump to 6835.35 |  |  | 
              
                
                  | $30 MILLION EXTRA COMING IN PER | 6.8 | Jump to 6904.616 |  |  | 
              
                
                  | SEEKING ADVICE FOR A 22-YEAR- | 2.667 | Jump to 6982.233 |  |  | 
              
                
                  | THEY HAVE A 22-YEAR-OLD | 5.833 | Jump to 6990.5 |  |  | 
              
                
                  | >> I DON'T THINK A ONE SIZE FIT | 2.667 | Jump to 7021.033 |  |  | 
              
                
                  | IN MY LIFETIME, 98 YEARS, IT | 5.6 | Jump to 7109.55 |  |  | 
              
                
                  | BE 11% IF YOU DID THAT | 3.984 | Jump to 7128.266 |  |  | 
              
                
                  | MAYBE 9% AFTER. | 7.067 | Jump to 7134.716 |  |  | 
              
                
                  | IF YOU TAKE THE LAST 100 YEARS, | 15.417 | Jump to 7188.933 |  |  | 
              
                
                  | THE NEXT 100 YEARS GAVE US | 8.316 | Jump to 7278.25 |  |  | 
              
                
                  | IF YOU WANTED SIX CHILDREN FOR | 6.166 | Jump to 7301.95 |  |  | 
              
                
                  | THREE CHILDREN HE HAD HAS 6 FOR | 6.167 | Jump to 7306.816 |  |  | 
              
                
                  | 3 DIED IN INFANCY. THAT WAS OUR | 5.8 | Jump to 7308.216 |  |  | 
              
                
                  | CIVILIZATION IN THE LAST 200 | 2.033 | Jump to 7319.9 |  |  | 
              
                
                  | MOST OF THE WITHIN THE LAST 200 | 3.167 | Jump to 7322.033 |  |  | 
              
                
                  | THE FACT THAT EVERYBODY IS FIVE | 2.367 | Jump to 7389.666 |  |  | 
              
                
                  | 600%. | 1.333 | Jump to 7439.05 |  |  | 
              
                
                  | YOU TWO SEEM LIKE YOUR BROTHERS | 3.933 | Jump to 7575.983 |  |  | 
              
                
                  | TOGETHER YOU'RE ONE OF THE | 1.65 | Jump to 7581.216 |  |  | 
              
                
                  | ONE OF THE REALLY GREAT THINGS | 8.55 | Jump to 7610.383 |  |  | 
              
                
                  | >> THIS ONE COMES FROM WES IN | 7.016 | Jump to 7794.5 |  |  | 
              
                
                  | WHICH ONE WAS A DOG? | 7.033 | Jump to 7804.483 |  |  | 
              
                
                  | ONE OF THE INVESTMENTS THAT | 7.584 | Jump to 7811.616 |  |  | 
              
                
                  | BERKSHIRE MADE $50 MILLION A | 2.133 | Jump to 7844.683 |  |  | 
              
                
                  | OF COURSE I LIKED THE $50 | 1.534 | Jump to 7855.666 |  |  | 
              
                
                  | MILLION A YEAR. | 1.934 | Jump to 7856.666 |  |  | 
              
                
                  | AWAY WENT OUR $50 MILLION A | 1.7 | Jump to 7869.283 |  |  | 
              
                
                  | THIS ONE COMES FROM -- | 9.25 | Jump to 7948.483 |  |  | 
              
                
                  | FIRST OF ALL, THANK YOU FOR | 1.9 | Jump to 7969.083 |  |  | 
              
                
                  | OF THE FIVE PEOPLE OR SO YOU | 5.766 | Jump to 7971.85 |  |  | 
              
                
                  | >> I DON'T HAVE ANY ONE PERSON, | 4.533 | Jump to 7985.8 |  |  | 
              
                
                  | ONE WHO TAUGHT CHINA HOW TO FIX | 7.9 | Jump to 8006.083 |  |  |