
1998-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Coca-Cola at 40p
There are very few times in 112 years when it would have not been smart for Coca-Cola to be repurchasing its shares. I don't think you really have to worry too much about how we do in insurance in the future. We had a number of Geico people here today. Lormer Davidson is getting faster all the time, so we've got a great business there. Charlie? Nothing to add. Zone seven? Yes, Bill Ackman from New York. Is there a price in which it's inappropriate for a company to use its capital buyback? Give me that again. Coke at 40p. Is that a smart place for Coke to deploy capital? Well,
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