1998-Afternoon Session-BRK Annual Shareholders Meeting

The podcast discusses various topics such as exorbitant salaries in public corporations, estimating intrinsic value for capital intensive companies, using nostalgia as a criteria for asset purchases, importance of saving early, inheritance and taxation, analyzing corporate culture when investing, recent investment activities of Berkshire Hathaway, Nike, tobacco and fatty food litigation, factors contributing to the American economy, allocating capital and the Scuttlebutt method, exploring the internet's potential for Horshimes and Geico, investment characteristics of McDonald's and Dairy Queen, fixing failing schools and the potential of vouchers, and the year 2000 problem and its impact on the economy.