Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2019-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The American Express Is an Extraordinary Operation

American Express is an extraordinary operation and I think this year our share of the earnings well my next year will be earning a hundred percent on what that position cost us. Berkshire is committed to providing ten billion dollars of financing in the form of an 8% preferred share and attached warrants for Occidental's proposed acquisition of Anadarko. This is the first time Berkshire has made such a large preferred share investment since the acquisition of Heinz in 2013. own the world as long as the technology stays the same we it's an interesting thingI have no opinion about technology this year the technology is not is not the whole thing.

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