Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2001-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

00:00

The Biggest Cost of Aluminum and Sugar

In past years you've been very specific about some of the numbers related to Coca-Cola, Wells Fargo, Rockwood. Can you provide some of the specific numbers that go into some of your more recent purchases over the last couple years? Well they have such different characteristics that's very difficult. You get into something like the carpet business and maybe only 15 percent of your revenues will be accounted for by by employment costs. I mean we are absolutely no better than the people that interact with with our clientele. What we really are looking for is an enduring competitive advantage.

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