Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2019-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Regulating Investment Banks Is Good for the System

I find any kind of regulation irritating but nevertheless it it's good for the system and actually a number of regulators I would say that they really been quite sensible a lot of regulation. You don't feel that way when you're being told how to run your business but as Charlie says you wouldn't want to be a bank that that ran in an unregulated system where anybody could come in and do all kinds of things. We had the wild west and banking and long ago and and it produced a lot of problems in the in the 19th century Jay for the past several years in Berkshire's annual shareholder letter there's been increasingly less detail provided on its operating businesses and financial performance. The company is no

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