Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2001-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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How Do You Know if You Have Only Two Years of Experience?

If everything else is equal except the amount of experience you have i think the experience is probably useful but not it is going to be. It's way more important what you thought about for two years and what you practice for ten years so if you're if the direction if they there's a divergence in in techniques applied i would rather be with the one that i'm philosophically uh... in sync with. Once i had ten years of returns the chances are they will know a little bit more about more businesses if they've been around for ten years looking at them than someone who has only been around for two years. The biggest thing is that  they've got their head screwed on right in

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