is a long-term investor would like to ask themselves there are no living investors other than charlie mungerbuffett who have been at it as long and as successfully as those two have and have seen as many bear markets as those two have and managed to navigate them successfully. very successfully. i think it is safe to say. as we look at berkshire hathaway, we need to think about the good and the bad let's start with the good. it is as you pointed out, this is aversified company. they're not tech related per se, but they do have a big chunk of apple. we don't think of them as a tech company, we think of them as an insurance company, industrials and things like that but they're the largest shareholder in apple so i think it is safe to say they do have exposure to tech as well the other thing is look at how the company did manage to do over the course of the last couple of years. they have been quite profitable in a really tough environment. the other thing is they have just a massive pile of cash on the balance sheet. all of those things are good, especially when you consider that they need to