2014-Morning Session-BRK Annual Shareholders Meeting

1

Introduction

00:00 • 4min

2

The First Quarter Results of Berkshire Securities Inc.

04:15 • 4min

3

The Vote Was 45 to 1 Against a Dividend

07:46 • 3min

4

The B Shareholders' Vote for a Dividend

10:48 • 3min

5

Coca-Cola Compensation Plan - Why Did You Abstain?

13:49 • 4min

6

How to Calculate Dilution of Coca-Cola Shares

17:22 • 5min

7

3g - I Don't Think It's a Blending of the Two Uh but We're Very Likely to Partner With Them

22:22 • 2min

8

Do You Think American Business Is Doing Well?

24:14 • 4min

9

Are You Changing the Yardstick?

28:28 • 3min

10

Bircher's Intrinsic Value in the Annual Letter

31:30 • 6min

11

How to Get Your Stock Way Above Intrinsic Value

37:03 • 3min

12

We Can Promise We Will Keep Our Business Forever

39:56 • 4min

13

How Do You Vote for Co-Care?

43:30 • 6min

14

You Can't Just Shout Disapproval All Day Long

49:26 • 2min

15

Morningstar's Cost of Capital

51:01 • 5min

16

The Cost of Capital in a Corporation

55:41 • 5min

17

What Do You Think About Berkshire Shares?

01:01:04 • 4min

18

BNSF's Service Challenges

01:05:21 • 5min

19

Using Natural Gas to Generate Electricity

01:10:34 • 4min

20

The Company That We Own Is a Subsidiary of Berkshire Hathaway Energy

01:14:37 • 2min

21

Warren Buffett - Is There a Replacement for Charlie Munger at Berkshire?

01:16:42 • 3min

22

Is There a Succession Plan for Ajit Jane at Berkshire?

01:19:52 • 2min

23

Warren Buffett - Is Berkshire a Holding Company?

01:21:49 • 4min

24

Comcast's Shares of Comcast Shouldn't Be Published

01:25:30 • 2min

25

Corporate America Is a Culture of Enemies

01:27:42 • 2min

26

Is There Something That Keeps Berkshire From Providing Capital for the Acquisition of Enemy Energy?

01:29:21 • 5min

27

We Love the Opportunity to Invest More Capital Intelligently

01:34:45 • 4min

28

Capital Allocation

01:38:35 • 6min

29

I Don't Think a Sweep Account Is All That Pleasant

01:44:14 • 2min

30

The Benefits of Having a Human Relations Department at Berkshire

01:45:52 • 2min

31

C's Candy

01:47:59 • 4min

32

Coca-Cola - The Power of Brands

01:51:50 • 1min

33

Is There Any Secret to Berkshire?

01:53:20 • 3min

34

Netjets Is a Growth Opportunity for Berkshire

01:55:53 • 5min

35

Is Berkshire a Potential Source of Funds for Acquisitions?

02:01:13 • 2min

36

The Way We Get Turned on Is by Finding a Stock We Like to Buy

02:03:29 • 2min

37

Increasing Leverage for Berkshire

02:05:15 • 5min

38

Climate Change and Berkshire's Investments

02:09:51 • 3min

39

Climate Change Is a Factor in Investment Decisions

02:12:30 • 2min

40

Todd and Ted Tottle Are Adding Value to Berkshire Investments

02:14:55 • 4min

41

Ben Bernanke and the Fed

02:19:00 • 2min

42

Is There a Bubble in the Economy?

02:21:10 • 4min

43

Capitalism Is a Business Like Principle

02:24:42 • 3min

44

Is Forest River a Standard Conglomerate?

02:27:33 • 6min

45

The Oil Sands and Berkshire Hathaway

02:33:15 • 4min

46

The Oil Sand Production Is a Very Special Business

02:36:51 • 3min