Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Economics of Vantile

The economics of Vantile have worked out almost exactly as I would. There are some very significant acquisition accounting charges that will continue for a couple of years. We haven't had much luck so far in acquiring other auto dealerships based on the same metrics that we've bought Vantile. And to a small degree, that's because people think we've paid more for Vantile than we did.

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