Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2019-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is There Any Way That Kids Can Develop the Delayed Gratification Skill?

We made a deal the next day committing Berkshire to pay out of ten billion dollars, come hell or high water. We paid every dime of claims and nobody worries about doing any kind of financial transaction with Berkshire. People know in the insurance business when we write a policy that may come be payable during the worst catastrophe in history they know Berkshire will pay. That's why we've got 124 billion dollars of float.

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