1996-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Importance of Good Management in American Business
There's an enormous difference in the talent of American business managers. The CEOs of the Fortune 500 are not selected like 500 members of the American Olympic track and field team. You get some very able people, some terrific people, like Bill Gates that we just mentioned. But you get a lot of mediocrity, too.
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