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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The Supply Demand Situation for Buying Businesses Privately

I would not get excited about so-called alternative investments. There may be, there's probably at least a trillion dollars committed to buying and affect buying businesses. We saw long-term capital management where we had people who could do in their sleep map that we couldn't do full-time out during the day. And it all turned to pumpkins and mice in 1998 and actually was a source of national concern.

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