
2019-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Star Performers Investment Club - Charlie, Anymore?
The railroads are considerably more efficient than 10, 20, 30 years ago, if you look at the numbers. The efficiency of the railroads compared to and the safety compared to what it was even immediately after World War II is improved dramatically. We had over 1,000,000 and 1,000 people employed in the railroad industry. Now there's less than 200,000. And we're carrying a whole lot more freight.
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