Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2014-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Biggest Rail Accident in the History of the Rails

The biggest rail accident in the history of the rails, as it cost $200 million. The big risk is some form of very effective terrorism or action by a rogue state. And there's obviously a reasonable probability that happening sometime in the next 50 years.

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