AUDIENCE MEMBER: Given your assumptions on gold, if you were to factor a significant decline in the value of the dollar against gold, let’s say 40 percent or more, and given the correlation of 1929-’48 and ‘64-’81 eras positively to the decline of the dollar, and the negative correlation in the other two areas that you had studied, would you care to adjust the 7 percent total annual return you were quoted as expecting for common equity in the coming decade?
2002: How does Buffett estimate forward…
AUDIENCE MEMBER: Given your assumptions on gold, if you were to factor a significant decline in the value of the dollar against gold, let’s say 40 percent or more, and given the correlation of 1929-’48 and ‘64-’81 eras positively to the decline of the dollar, and the negative correlation in the other two areas that you had studied, would you care to adjust the 7 percent total annual return you were quoted as expecting for common equity in the coming decade?