
2019-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Auto Insurance
Greg Warren: I would bet against any company in the auto business being any kind of an unusual success. The idea of using telematics in terms of studying people drivers has a sense that's spreading quite quite widely and it is important to have data on how people drive, he says. Berkshire Hathaway automotive will be around and we'll sell some cars Charlie again nothing okay Greg Warren said there is an opportunity cost attached to your decision to hold on to so much cash one that investors have been willing to bear primarily by foregoing a return of excess capital dividends and cherry purchases as well as seeing lower returns on cash holdings. He also wondered if next managers of Berkshire will have to manage the eventual migration
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