2016-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Impact of the Decline in the Price of Oil
The decline in the price of oil has had a lot of effects. Very good for the consumer. Millions and hundreds of millions of consumers. And very bad for certain of the businesses like the one we bought in low Brazil. But net, the United States is better off than Saudi Arabia is worth when prices of oil are lower.
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