Warren Buffett predicted Berkshire Hathaway's earnings to reach $1.85 billion in the year 2000, based on an expected long-term average growth rate of 15% from 1993 levels.
"he's alerting the investors that they should expect a long-term average of just 15% so this these returns would come down and from the current levels of 1993 he's saying a 15% growth would amount to 1.85 billion in earnings in the year 2000 he's saying in the year 2000 Burkshire hathway should make $1.85 billion if not Warren and Charlie are basically risking the public embarrassment and admitting to their shareholders that they had painted a Target which they could not achieve"
