Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2015-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Drive for Rich People Out Hawaii and Florida Is So Much Smarter Than California

I agree with you and I don't die over the taxes on the tax code either. Hawaii and Florida have enough sense to know that rich people don't commit a lot of crimes they don't burden the schools They provide a whole lot of medical expenditures that are good for everybody else's income. The idea of driving the rich people out Florida is so much smarter than California on that subject. Mr Buffett in the foreword to the sixth edition of Benjamin Graham's security analysis you identified four books that you particularly cherish. Three of these books were authored by Graham himself and their influence on you is well known. Adam Smith's The Wealth of Nations published in 1776 what that book meant to you is

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