1997-Afternoon Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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The Importance of Getting the Right Answer
Bakul Patel, from Upstate New York: I have got a few questions. Mr. Market is valuing Dow Jones at about 7,000 and S&P at about 800 by your valuation model. What is the fair valuation of both these companies? Berkshire Hathaway chief executive says he has to be able to walk away from anything that doesn't work.
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