Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2015-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

00:00

The Deferred Tax Liability Is Not Free Equity, but It's Not a Big Asset

The deferred tax liability is a plus, but it's not a big asset. I mean, we will get a return on equity, and that's not free equity to us or anything of the sort. The regulatory commissions take that into account. We turn on investor capital in terms of how the Surface Transportation Board would look at it. Again, I don't think we benefit enormously by that.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app