Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2003-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

00:00

Risks of Derivatives and Importance of Passion

In this chapter, the speakers discuss the dangers of derivatives and their concerns about the potential blow up in the financial system. They emphasize the importance of passion and competence in evaluating managers and entrepreneurs, highlighting the risks of buying businesses based on manipulated figures. The chapter also touches upon the significance of passion and competence in the individuals working at Berkshire Hathaway.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app