Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1995-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Benefits of Being Rich on Wall Street

Wall Street generally has more envy jealousy effects than are typically present elsewhere. The real advantage of being rich as I explain to people is that it enables you to hate so effectively and in a way that the rest of us can't really aspire to. When you see cash on our balance sheet of any size that's an acknowledgement by Charlie and me that we have not found anything in size anyway attractive at that point. It's never a policy of ours to hold a lot of cash zone five David Winters Mountain Lakes New Jersey years ago you said you loved the newspaper business and then over time  it said it declined a bit and how much you loved it now. How do you feel today about

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