Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2014-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Increasing Leverage for Berkshire

Berkshire has a good way of generating funds other than through equity through float and we've done that to the tune of 77 billion. We don't like the idea of operating a very conservatively leveraged company and then changing courses so that the people who bought bonds that were rated double a sort of find themselves with much lower rated bonds of the sort. Another 30 or 40 billion of debt at Berkshire would be nothing and it would and would cost very little.

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