Rajeev Thakkar, CIO,
What do you make of Warren Buffett’s letter this year?
The interesting thing about this year’s letter is what is not there in the letter. People eagerly wait for the letter to get his commentary on the yield environment, on the market environment as to the listed equity and other things. He has said that bonds are not the place to be in now. He has said that before given the low interest rate. However, he has not said what should be done with the money that either Berkshire Hathaway has or other investors may have in the absence of bonds.