The next few years. Does diversity matter?

[Patrick]

Yeah, I was mostly joking. Their whole culture is different than the vulture capital types. But that culture can change over time, not with the people at the top now and maybe not with the ones they choose to replace them, but a few lines of succeeding leaders.

Buffet has said multiple times that he has a lot of cash on hand not just because he can't find good businesses to buy at the right price, his cash stockpile is so big there aren't really big companies to buy at that size.

I have no idea what BRK is doing with SXM. with all the satellite mesh networks turning on 5g access, there will be little need for specialized non-military geosync.
maybe the NOAA and Government contracts for delivering weather data? some ADS-B back-up? Redundant broadcasting?
They own their frequency block, so that has some value (maybe $5-10b ?)
I think it is some sort of money thing with his buds over at liberty media. modern SXM radios are connected through the car's 5g link - they downlink the music via satellite, then report what you have selected over the cellular network. maybe the data?
If there isn't already, there will be an ad supported free tier - with targeted ads, kinda like forums 😉

 

[Santapez]

I have no idea what BRK is doing with SXM. with all the satellite mesh networks turning on 5g access, there will be little need for specialized non-military geosync.
maybe the NOAA and Government contracts for delivering weather data? some ADS-B back-up? Redundant broadcasting?
They own their frequency block, so that has some value (maybe $5-10b ?)
I think it is some sort of money thing with his buds over at liberty media. modern SXM radios are connected through the car's 5g link - they downlink the music via satellite, then report what you have selected over the cellular network. maybe the data?
If there isn't already, there will be an ad supported free tier - with targeted ads, kinda like forums 😉

There's a spreadsheet somewhere that they used to figure out the valuation.

It could be that they know there's more value in the frequencies than what's on the surface, or maybe there's actually enough money in subscriber fees to keep minor upkeep of the system going? Think of Iridium how it was worthless, until it wasn't.

This could be another S&H Green Stamps for them...