how about the zuckerberg inc.?ç soon facebook, zuckerberg inc., will be coming public. ckerberg spent a billion dollars buying instagram, the photo company, the uplink photos and he didn't tell anyone on the board of directors. does that make you nervous about buying facebook? don't we want an active board to check the authority of a 27-year-old ceo? again, i'm going to give you a little heresy on the issue. if instagram is good for facebook, who cares? it's a private company anyhow, at least for now. however, i have no desire to serve on a board where i wouldn't be consulted. in the end, though, it's all about price for me. if facebook's priced low relative to its earnings, i want to be in on the ipo. if it's high, i don't. end of story. i actually could care less, far less about the board if zuckerberg is great. a board can check power, and we know that power can corrupt, or at least let a ceo go more wayward than he should. which brings me to chesapeake energy, which you know i think is the most forward-pushing natural gas company on earth, and you know how important

. >> zuckerberg inc., paige inc., buffet inc.hey think i am buying a share in a man and that man is mortal. i think people should be thinking, wait a second, the man has built a tremendous company. there is a lot of runway within the company that could go right now, housing, insurance pricing. we have heard from our board this morning csx talking possibly about what rail could be, burlington northern. my problem with all of this is once again you don't really know how berkshire is going to do because berkshire is run like a private company. >> the thing that's different, though, in terms of comparing because there is a lot of comparisons between buying into buffet, berkshire, buying into appearel and steve jobs and facebook and mark zuckerberg is warren buffett invests in a portfolio of companies and they're dispersate businesses as well versus apple that some will say at least has a history of innovation, of innovating great products. it is a product. there are different circumstances and all the reasons why you said that the co