Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2018-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The American System Was Working Well Since 1776

Everybody in this country knew America was going to win the war. And we knew that the American system had been working well since 1776. I'd like you to think about how much that $10,000 would now be worth if you just had one basic premise. Just like in buying a farm you buy it to hold throughout your lifetime and depend on its output. You look to the output of the apartment house to decide whether you made a wise investment If you buy a small apartment house to hold for your life.

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