Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2016-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Cash Flow of Berkshire Hathaway Energy

Berkshire Hathaway has $80 billion plus to make available for investment beyond what our earnings have allowed for. We're going to spend more than our depreciation in our businesses, primarily be number one because of the railroad and Berkshire Hathaway energy are two entities that will spend quite a bit more than depreciation over time. And the other businesses, unless we get into inflationary conditions, it won't be a huge swing either way.

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