Introduction

Berkshire Hathaway CEO Charlie Munger answers a question about the impact of inflation on his company. He explains why Berkshire's businesses are best suited to thrive during times of high inflation and which ones will suffer most. "I knew I was going to be asked questions about Clayton," he says, 'so I prepared the slides' The value of Gillette bought the entire radio rights to the World Series in 1939 cost them $100,000 for that they got to broadcast the Yankees against the Reds.