1996-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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How to Make Money Shorting Stocks
"It's very tough to make money shorting even the obvious frauds, and there are some obvious frauds," he says. "We don't look at indicia from stocks in general, or from PEs, or price sales ratios,. We really just focus on businesses." He adds: "Would we want to own Coca-Cola? The 8% we own?"
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