[jsweojtj]

I can't seem to read this in any other way than you are asking something like "why is it harder to find one hundred $100 million opportunities than one?"

Finding one such opportunity is hard, finding two is harder because you have to find the first and then do more work to find the second. This pattern continues indefinitely for as many opportunities as you'd like to find.

[dominotw]

> you have to find the first and then do more work to find the second.

Isn't this typical scaling problem though? I wasn't imagining they go one by one. I guess your Implication here is that because there only one warren buffet. I guess that makes sense if Berkshire is ultimately one man Buffet show that can only scale as much as that one man can perform. That probably explains the recent under performance, age catches up to everyone.

[bobthepanda]

Everyone else is in the same boat as well. Low interest rates have made it harder and harder to hit high rates of return. Softbank ended burning a fair amount of money from its $100B Vision Fund, and a good chunk of that was the oil wealth of the Saudis.