Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2021-Full Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Is the 500 Index a Good Investment?

I'm not suggesting that the oil and gas business has the same known negative externalities as cigarettes. They do not. But an increasing portion of society is drawing their lines in such a way that their painting does not include hydrocarbons, period. Have we built our own unrealistic consensus on the pace of change achievable with regard to the transition to greener energy sources? This is becoming an overly expensive tax worn by the current younger generation. Can we gather from your purchase of chevron stock, that you do not believe the howling from society, regulators and politicians, will impair the prospects of hydrocarbons - or any other industry for that matter.

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