Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1994-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is the Stock Market Going Down?

The stock did go down at that time and hit 15,500 and I think it was close to 300 shares which is 4.5 million dollars with the stock. Somebody made a decision apparently that they or some small number of people wanted to sell something at 15,500 that they could have sold for 16,000. The lower it went the better they liked it apparently, the better they like the sale. We will do nothing to encourage that. So, too? Yes, Mr. Buffett, Steve Lang from Toronto.

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