However, our belief is that, in aggregate, those undistributed and, therefore, unrecorded earnings will be translated into tangible value for Berkshire shareholders just as surely as if subsidiaries we control had…
However, our belief is that, in aggregate, those undistributed and, therefore, unrecorded earnings will be translated into tangible value for Berkshire shareholders just as surely as if subsidiaries we control had…
We know that this translation of non-controlled ownership earnings into corresponding realized and unrealized capital gains for Berkshire will be extremely irregular as to time of occurrence. While market values track…
However, our belief is that, in aggregate, those undistributed and, therefore, unrecorded earnings will be translated into tangible value for Berkshire shareholders just as surely as if subsidiaries we control had…
Andrew Carnegie：Autobiography of Andrew Carnegie, Excerpt 25
Andrew Carnegie《Autobiography of Andrew Carnegie》· Chapter IV · Leadership
She encouraged her boys to attend church and Sunday school; but there was no difficulty in seeing that the writings of Swedenborg, and much of the Old and New Testaments had been discredited by her as unworthy of divine authorship or of acceptance as authoritative guides for the conduct of life. I became deeply interested in the mysterious doctrines of Swedenborg, and received the congratulations of my devout Aunt Aitken upon my ability to expound "spiritual sense." That dear old woman fondly looked forward to a time when I should become a shining light in the New Jerusalem, and I know it was sometimes not beyond the bounds of her imagination that I might blossom into what she called a "preacher of the Word."
However, our belief is that, in aggregate, those undistributed and, therefore, unrecorded earnings will be translated into tangible value for Berkshire shareholders just as surely as if subsidiaries we control had…