
2021-Full Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Reduction in the Carry Cost of the Debt
In the last fiscal quarter, the us. Treasury's interest expense was down eight per et. So you've had this incredible reduction in the so called super risk free ah group,. The short term treasury bill. And that is the yard stick against which other values are measured. I mean, if, if i could reduce gravity poll by about 80 %, i mean, i'd be in the tokyo olympics a jumping. If interest rates were ten percent, valuations are much lower. Ah, and janety allan has talked a couple of times about the reduced carrying cost of the debt.
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