1994-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Average Corporate Buyer Is Being Run by Animal Spirits
Munger: Most managers are better off in terms of their personal equation if they're running something larger and more profitable. But the first condition alone will usually leave them better off, he says. "If you can pay for it with other people's money, I mean that gets pretty attractive," Munger adds.
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