2015-Morning Session-BRK Annual Shareholders Meeting

1

Introduction

00:00 • 6min

2

We've Got the Railroad Running Like It Should Be

05:49 • 6min

3

Clayton's Pattern in Mortgage Lending

11:47 • 2min

4

We Offer Mortgages to All the Buyers of Our Homes

13:30 • 2min

5

Clayton's Mortgages Are Exceptional in Getting the Financing Available

15:08 • 2min

6

Clayton Manufactured Home Sales Totaled 11,000 170

17:07 • 2min

7

What Is the Difference Between Gross Profit and Profit?

18:51 • 2min

8

Clayton Loans

21:07 • 4min

9

The Second Question Was About 3G Companies

25:06 • 4min

10

I've Been Fired Over Time in Capitalism

28:41 • 2min

11

Will Vantile Adapt to the New Way of Selling?

30:23 • 3min

12

How Do You Predict Your Company's Earnings Ten Years From Now?

33:00 • 2min

13

Charlie, What Are Your Five Questions?

34:42 • 2min

14

Is IBM Really a Great Investment?

36:56 • 3min

15

How Lucky Can You Get in the Insurance Business?

40:02 • 4min

16

The Culture of Berkshire Hathaway

44:08 • 2min

17

Is Berkshire Going to Do Fine After We're Gone?

46:36 • 3min

18

Is Coca-Cola the Next Big Thing?

49:36 • 2min

19

Is There a Difference Between General Foods and Heinz?

51:57 • 2min

20

Bantuil Group - What's Attracted to the Deal?

53:33 • 3min

21

The Right People Are Prospering in Van Tyle

56:39 • 2min

22

Culture and Stewardship at Berkshire Hathaway

58:14 • 6min

23

What Are Normal Interest Rates Stocks at These Prices?

01:04:08 • 4min

24

Oil Tank Cars - Is the New Rules a Good Idea?

01:07:57 • 3min

25

The Safety of the Bock and Crude Pipelines

01:10:36 • 3min

26

Do Well About Your Law School Training, Charlie?

01:13:54 • 2min

27

The Railroad Industry Wants to Buy 5,000 Rail Cars

01:16:02 • 3min

28

What's the Main Purpose of Intercompany Transactions Within the Insurance Companies?

01:18:48 • 4min

29

Will the Dollar Be the World's Reserve Currency?

01:22:45 • 2min

30

Is Berkshire Hathaway Really a Brand Name?

01:24:57 • 3min

31

The Key to Distributed Energy?

01:28:16 • 4min

32

The Biggest Development of Wind and Solar

01:32:27 • 3min

33

We've Been a Mistake, Charlie?

01:35:07 • 4min

34

I've Been Very Wrong, Charlie.

01:38:48 • 2min

35

Are You Prepared for Anything?

01:40:55 • 2min

36

Is There a Float From Deferred Taxes?

01:42:25 • 2min

37

The Deferred Tax Liability Is Not Free Equity, but It's Not a Big Asset

01:44:47 • 2min

38

Henry Singleton - Is He a Warren?

01:46:33 • 2min

39

How to Stop Misbehaving in the Insurance Business

01:48:38 • 4min

40

Is Berkshire Hathaway a SIFI?

01:52:51 • 4min

41

Dodd-Frank and the Financial System

01:56:48 • 4min

42

Progressive Got Did Pretty Well With Online Direct Auto

02:01:00 • 3min

43

The Audience After Your Response About 3G

02:03:33 • 2min

44

Is There a Loss in the Textile Industry?

02:05:47 • 4min

45

Coca Cola and the Brand

02:09:41 • 2min

46

Value Investing in China

02:11:40 • 3min

47

Investment Principles Do Not Stop at Borders

02:14:28 • 4min

48

Why Is Value Investing a Bad Idea?

02:18:18 • 2min

49

The Great Threat to the United States

02:19:59 • 3min

50

The Luckiest Person Ever Born in History?

02:22:38 • 3min

51

Having a Dual Background in Investments Is Not Inconceivable

02:26:03 • 3min

52

Those Are the Qualities of a Great Investment Manager, Charlie Ruiin

02:28:48 • 4min

53

Hedge Funds - Is the S&P Vanguard Fund a Better Fund?

02:33:14 • 2min

54

Long Bets on Search, Just Put It Long Bets

02:35:06 • 2min