Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2023-Part 2-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Consensus in Values

I don't think having a bunch of bankers, all of them were trying to get rich leads to good things. The banks figured out a thousand different ways to get so you get borrowed on a hundred percent margin. They just totally distorted all the lessons that were learned in the 29 crash. And I think we're going to get a big mistake when we get a bank where everybody who joins it finds to get rich. It's a contradiction in values.

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