
2001-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
Can We Really Get a Thumb Sucker?
Joseph LaPray: Does the potential for similar damage liabilities reduce the intrinsic value of Coca-Cola, C's, candies, Dairy Queen or any other business which sells discretionary products of questionable healthfulness? He says he would not be worried at all about product liability in connection with those companies. "Product liability generally is an area that is a fertile field for the the plaintiffs bar and it's we are conscious in buying into businesses"
Transcript
Play full episode