
2015-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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I've Been Very Wrong, Charlie.
"I would not have predicted that you could have five or six years of, you know, close to zero rates and now get negative rates in Europe," Buffett says. "So far nothing bad has happened except for the fact that people who saved and kept the company in short-term savings instruments have just totally gotten killed." Berkshire Hathaway will do better than most big companies under any kind of environment, he adds.
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