1994-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Chief Executives
Few chief executives are either trained for or selected on the basis of their ability to allocate capital. Many CEOs think they can solve it by either having a staff that does it or by hiring consultants. And if you can't do it yourself, you're going to make a lot of mistakes. It's one of two or three key functions that say 80% or 90% of all companies.
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