Cascade investment vehicle shows strong influence of Buffett value style

Great read George. Always interesting to hear where the super wealthy have their money.

I always thought it funny that even if you had that much money, why you would put it in any else than Treasury notes. Obviously returns aren't a problem. A 3% annual return on $20bil is $600mil/year.

Yes, its a great irony. I always have this long standing thought - The difficult part is getting to the top moneybags list.. after than, as Jason points out, earning even the fed funds rate of 5.25% on a fat base is nothing to be scoff at.