Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2019-Afternoon Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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NVD's Enemy Energy Subsidiary Is a Good Example of This Phenomenon

In Nevada several casinos have cut the cord with our envy energy subsidiary and are seeking their electricity needs elsewhere even though they had to pay huge exit fees. Do you believe that these are rational choices or were they made for non-economic reasons two what can NVD do if anything to stem the tide of defections? And three is this something that could happen in other states where you operate regulated utilities or is the situation in Nevada somehow unique because of supersized customers who have more leverage in the power market than smaller industrial customers in other states.

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