Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2013-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Introduction

All of our businesses did very well. It wasn't quite as good a quarter as it looks, which I'll explain in a second. You should focus on operating earnings. They were still perfect without these factors. The dollar was strong and that reduces the liabilities we have outstanding in foreign currency. We also have it, it hurts us in other ways.

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