DownOnMyLuck

Has Buffett Lost His Mind?

You mis-characterize what Buffet said. He said the results over the next 100 years would justify the purchase price, not that the payback period is 100 years.

What's Berkshire Hathaway's Expected Life?

Another possibilty is that the new management could do a 2,000:1 stock split and start paying a dividend. The market value could increase.

Another Buffett Prediction, Japan Edition

I've never seen Buffet make any predictions. However, he has been declared wrong, senile, and insignificant many times. Most recently at the time of the dot-com boom. Last time I looked, Buffet was still on top and hasen't been replaced by anyone who has written him off. He's in a league of his own and doesn't need the approval on minor leaguers.