Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2023-Part 1-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Secret of Business Is to Buy a Good Business

I've been on the board of 20 companies. It's very hard to ask me to rank the management of each one. Some are just better businesses and some would be better off not managed hardly at all. Others really need to help, but they got a lousy business. Greg is inheriting a good business and I think it will make it better. But I don't think it's easy to put any one of the next 10 nominees in and try and judge three years later whether they've done a good job or not. We'll see at one o'clock. Thank you. And we're still going to try and get 60 questions in. We've done 25.

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