Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1998-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The 401K Factor and the Bull Market

The general investment experience in the last 18 years has been awesomely high. With a huge amount of money and with more participants all the time, there are people coming into the market every day because they feel that they missed the boulder. But I don't think any specific 401K factor or whatever it may be was it by itself.

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