
2005-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
Directors' Responsibilities and Independence of Mind
The speakers discuss the role and responsibilities of directors in corporate boards, contrasting examples of different companies and highlighting the importance of independence of mind. They emphasize the need for good social behavior, discuss major acquisitions, and stress the importance of understanding the economics of long-term investments.
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