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panies (USS 00th) Fiscal Year ended Berkshire Hathaway (BRICK) 12/31/201 2 Revenue 162,463 Profit
s beginning to move out of Mid-Large Caps. Small & Micro Cap valuations remain compelling relative to larger caps which have already recovered to pre-Lehman levels • Markets no longer punishing "bad" news Expect favorable momentum to be supportive for the next 2-4 years EFTA_R1_01947044 EFTA02672828
Traded Holding Companies (USS 000s) Berkshire Hathaway (BRK.B) Leucadia National (LUK) Harbinger G
s beginning to move out of Mid-Large Caps. Small & Micro Cap valuations remain compelling relative to larger caps which have already recovered to pre-Lehman levels Markets no longer punishing "bad" news Expect favorable momentum to be supportive for the next 2-4 years 10 EFTA00505789 Strategy & Exe
RCS Berkshire Leucadia Group Steel Capital Hathaway National Inc. Partners Corp (USS 000s) (BRK
s beginning to move out of Mid-Large Caps. Small & Micro Cap valuations remain compelling relative to larger caps which have already recovered to pre-Lehman levels Markets no longer punishing "bad" news Expect favorable momentum to be supportive for the next 2-4 years 11 EFTA00505817 Strategy & Exe
Entities connected to both Anne Hathaway and pre-Lehman

Bloomberg L.P.
ORGANIZATION
Rudy Giuliani
PERSON
Dow Jones
ORGANIZATION
Arabia
LOCATION
Micro
ORGANIZATIONSeitel
PERSONBruce Galloway
PERSONRodman & Renshaw
ORGANIZATIONING Barings
ORGANIZATIONYorkville
LOCATION
Galloway
PERSONBarclays Capital
ORGANIZATIONNomura
ORGANIZATIONEugene Kim
PERSONGalloway Partners
ORGANIZATIONthe Tech/Telcom
ORGANIZATIONConsumer Retail
ORGANIZATIONHealthcare Services and Business Services
ORGANIZATIONthe Small and Micro
ORGANIZATIONLISTCO
ORGANIZATION