Size of assets under management is the primary constraint limiting Berkshire Hathaway's returns, not management quality; even if Warren Buffett had a 200-year lifespan and chose to manage Berkshire for another 70-80 years, the trillion-plus dollar asset base would tie his hands behind his back compared to managing a 50-100 billion dollar portfolio, which applies equally to Greg Abel.

causalpending

Speaker

Monish Pabrai

Evidence Quote

Warren Buffett with a trillion or more in assets to manage has his hands tied behind his back versus Warren Buffett with 50 billion to manage or 100 billion to manage.

Source

Mohnish Pabrai's Brutally Honest Thoughts on the Stock Market.New Money
Created: 8/12/2026, 6:21:10 PM

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