Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2021-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The History of the Auto Industry

There were almost forty companies that went into the auto business just starteng with m a, including our little armarman there in the metal column. At least two thousand companies then entered the auto business because it clearly had this incredible future. And of course, you remember that in two thousand a nine there were three left, two of which wernt bankrupt. There is a lot more to picking stocks than figuring out what's going to be a wonderful industry in the future.

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