1/ "Charles A. See's oldest son Laurance died at age 57. His younger brother, Charles B. (Harry) See, wanted to try something different." He bought a yacht with some of the sale proceeds from selling to BRK. Do you know the name of the yacht (now in a marina near where I live)? 
2/ The name of Harry See's yacht can be seen if you look below the bridge. Silverado. It cost $3M and at the time was the largest fiberglass boat in the world. See sold it to Max Wyman for $1M, which is lousy boat unit economics. Max Wyndham had sold the Wild Goose to John Wayne.
3/ The Silverado is currently docked in Poulsbo in Liberty Bay. You can see it right over the shoulders of this Orca. Max Wyman sold it to the Hilton family and they turned it into a five unit time share.
What has been Berkshire's return on the purchase of the See's business?
What has been Berkshire's return on the purchase of the See's business?
4/ 25iq.com/2016/11/25/a-d… "We reinvested only $32M since 1972 to handle the modest physical growth – pre-tax earnings have totaled $1.35B. All of that, except for the $32M, has been sent to Berkshire (in early years, to Blue Chip).”
Expensive yacht in opportunity cost terms.
Expensive yacht in opportunity cost terms.
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