
2001-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Cost of Capital in Business
The cost of capital is about a quarter percent below the return promised by any deal that the c eo wants to do. The test for whether we pay it out in dividends is can we create more than a dollar value within the company, he says. "I've always considered inanity what is birchers cost of capital"
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