
1998-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Japan Cashing in the US Investments to Bail Theirself Out
We really have a marvelous insurance business. In addition to having this remarkable earning power, it's way less likely to get really clobbered than most insurance businesses. Japan is a major holder of US treasuries. Given the trouble Japanese economy, do you proceed Japan cashing in the US investments to bail themselves out? Why or why not?
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