[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.