
2014-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Buffett, Is Heinz Going to File 10 Kills?
Dev Contesaria: Berkshire's 50% ownership in Heinz can be meaningful to its earnings over time. What is Heinz's current normalized earning power after the substantial restructuring of the business? And what do you anticipate Heinz could earn within a few years? Buffett: "I would just invite you to look quarter by quarter and maybe next year too" Munger: "It depends which favorite name we might have hit harder back in the 2008 and 2009 period."
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