Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2021-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Casino Group

It's become a very significant part of the casino, aspect of the casino group that e has joined into a the stock market in the last year. Ah, i think i read we're 12 or 13 % of ther the're casino participants. We're dealing in pots and calls. I looked up on apples in on the number of seven day calls and 14 day calls outstanding. That's bunch of bel writing. They're gambling on the price of apple over the next seven days or forty. There's nothing io, there's nothing illegal about it. There'sNothing immoral, but, ah ah, i don't think you'd build a society around people doing it.

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