1994-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Freddie Mac and Fannie Mae - The Duopoly?
40% of all home mortgages have been securitized by Fannie Mae and Freddie Mac, the duopoly. The economics that those two entities possess compared to other ways of intermediating money between investors and people who want to borrow is different than others. That market share is essentially certain to go up.
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