Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1999-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Big Bath Accounting and Berkshire Hathaway's Competitive Advantage in Insurance

This chapter discusses the unethical practice of 'big bath accounting' and the need for external intervention. It also explores Berkshire Hathaway's strong position in the insurance industry and their competitive advantage in being a reliable reinsurer.

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