
1997-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
The Importance of State Farm
I said in the report that 40% of you would save money ensuring with that. I didn't say 100% or 80% or 60% because there are areas and professions where somebody else is going to have a lower price than we are. But if across the country we are going, and for all classes of citizens we aregoing to have a low price more often than anyone else. And we've got that because we've got low costs and our costs are going to get lower. So Geico will grow a lot but I, state farm is plenty tough so I'm not going to predict catching state farm. I'm not even going to predictions catching all state but we'll catch somebody
Transcript
Play full episode