Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1994-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is There a Currency Risk in the Guinness LVMH Investment?

The cost of hedging foreign currency through the FX has diminished. The other parts of LVMH are showing better results these days, namely Louis Vuitton luggage and Christian Dior perfume. Do you intend to do anything about the currency risk portion of that investment? That's one of thousands of securities that we could be a buyer or seller. I take a war all investors in companies, not speculators and currencies.

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