It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.
The ordinary man is an anarchist. He wants to do as he likes. He may want his neighbour to be governed, but he himself doesn't want to be governed. He is mortally afraid of government officials and policemen.