En réponse à@iris_chen_053
Ouvrir le document source à ce paragraphe· debate_transcript_fr_bda4fa64.pdfThe market capitalization of Berkshire Hathaway, although significant, does not indicate an intrinsic loss of capital allocation flexibility; rather, it reflects a natural evolution towards different scale constraints.
The discipline of capital allocation must adapt, not resign itself to a decrease.
A concrete example is the acquisition of BNSF, a large-scale operation made possible by Berkshire's size and strategic posture.
It is about controlling the investment approach, not worrying about the size itself.
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