Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2015-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Railroad Industry Wants to Buy 5,000 Rail Cars

We offered something like five or six billion dollars excess of maybe a billion and a half. Our insurance unit actually went to the four major railroads, offering very high limits. So you're always working to be safer. You'll never be perfectly safe. We have some insurance at Burlington, Northern, but we don't need insurance at Berkshire.

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