Introduction

Warren Buffett: We're webcasting this for the first time, so I'd especially like to welcome our visitors from all over the world. The drill today is that I'll make a couple of introductions and we'll show a couple of slides. And then we'll go on to questions from both our two panels and from the audience and we'll rotate them. Warren Buffett: About a quarter of twelve I'll give you a rundown on a bet that was made that we report on every year. What I really think is probably the most important investment lesson in the world.