Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Capital Expenditure - What's Happening in the Bakken?

We will always be looking for ways to use capital expenditure money to develop additional business and we get that opportunity regularly. We did a lot of that in the Bakken and we got benefits from it. What's happening in coal with the decline? That doesn't really have anything to do with our overall capital expenditure budget except we won't be spending a whole lot of money to expand in that arena. Does that answer your question? I was thinking maybe with Intermodal as well. That's a longer term opportunity to invest more heavily there. We're always open to it but we would want, you know, you have to see a fair amount of revenue coming from anyhow.

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