
2001-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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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.
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