1994-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Reinsurance Business in Bermuda
Berkshire Hathaway: Bermuda is simply a new competitor. Reinsurance business by its nature will be a business in which some very stupid things are done en masse periodically. You really don't find out who's been swimming naked until the wind blows. Berkshire Hathaway: We're speculating on bonds with low margins recently.
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