Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2021-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Number One Risk Factor

When we get a sccessful business, like a gigo or something of the sort gyos doing, they're doing 15 times as much business as when we bought control in 19 n. So you really get, through just natural forces, you get more of your money in the things that have developed more favorably than you thought. You actually end up getting a greater concentration te in the ones that work out. It's not like charley would say, not like having children. I meanthey, the the ones the patens cause you bor problems. But the, but this andin the children of businesses, the small ones, kind of, but the way we started with th

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