Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1996-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Problem With a Unit Trust

"I see no way that a unit trust could offer people as an efficient and inexpensive way of participating in Berkshire," he says. "The more serious problem is that somebody would flash our past record in front of them or show them some chart on Berkshire stock price." He adds: "If you widen that circle to include uninformed, it might have been quite an experience"

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