
2015-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Do Well About Your Law School Training, Charlie?
I never had any business school training. Why should you have any? And actually, I would say the business school training was a handicap about 20 years ago when they were preaching efficient market theory. They told you didn't do any good to try and figure out what a company was worth because the market had a price perfectly already. You are very lucky to avoid a lot that you've avoided. How do you feel about your law school training, Charlie? My son-in-law recently explained how modern profit-obsessed law firms work. He says it's like a pie eating contest, and if you win, you get to eat a lot more pie. This question is a follow
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