Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2018-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Ben Graham and the Ass-Kicking Contest

Ben Graham recognized that the exact way he sought undervalued companies wouldn't necessarily work for old times under old conditions. So we've had to learn a different game and that's a lesson for all the young people in the room. If you're going to live a long time you have to keep learning. What you formerly knew is never enough.

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