
1996-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Importance of Focus in Emerging Markets
We are indirectly in all of these emerging markets through Coca-Cola and Gillette, so it isn't true that we're totally absent. Tony Nisley thinks about nothing else, but carrying the GEICO message to people who that 97.5% or so that are not policyholders. At Coca-Cola, the international markets are 80% of profits, actually a little more. So we like focus. We love focus.
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