AUDIENCE MEMBER: Good morning, Mr. Buffett and Mr. Munger. My name is Kevin Truitt (PH) from Chicago, Illinois. Thank you both for, again, hosting this “Woodstock for Capitalists” for your shareholders and fellow capitalists. I have two questions. My first question is for both Mr. Buffett and Mr. Munger.
2007: What could cause the private equity…
AUDIENCE MEMBER: Good morning, Mr. Buffett and Mr. Munger. My name is Kevin Truitt (PH) from Chicago, Illinois. Thank you both for, again, hosting this “Woodstock for Capitalists” for your shareholders and fellow capitalists. I have two questions. My first question is for both Mr. Buffett and Mr. Munger.