Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2015-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Clayton's Mortgages Are Exceptional in Getting the Financing Available

Clayton has been exemplary in doing that. About 3% of the mortgages that fall in the year and when they do we lose money but 97% don't. Most of those people would not be living in the houses that you can see right here at the auditorium without the financing available to them. For $69,500 you have that house with appliances with air conditioning with a couple bedrooms, 1200 square feet.

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