
1996-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Solomon's Volatility in Profits
We're very picky about where we put the money all gets invested. We have maybe a billion and something in relatively short-term treasuries. But you will never see us reaching for an extra eighth of a percent on short-term yields. Solomon's earnings have always been volatile, at least all the time. And I don't think that volatility is likely to disappear.
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