
2012-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Reserving for Business Interruption Insurance and Investments in China
In this chapter, the speakers discuss the challenges of reserving for business interruption insurance and the difficulties in determining what falls under this coverage. They also talk about their recent investments in China and why they don't spend much time giving advice to Chinese leadership and corporate CEOs. The chapter touches upon their successful investments in China and their preference for a system that doesn't require much control from headquarters.
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