

2021-Full Session-BRK Annual Shareholders Meeting
03:37:06
Market Value Volatility
- The largest companies by market value change significantly over time.
- Past performance is not indicative of future success, even for large companies.
Auto Industry Failures
- Many car companies entered the auto business in the early 1900s, but few survived.
- Picking winning industries doesn't guarantee stock success; picking winning companies within the industry does.
Investment Advice
- For most long-term investors, a diversified S&P 500 index fund is recommended.
- Berkshire Hathaway caters to a unique group of shareholders with a long-term, hands-off approach.
Get the Snipd Podcast app to discover more snips from this episode
Get the app 1 chevron_right 2 chevron_right 3 chevron_right 4 chevron_right 5 chevron_right 6 chevron_right 7 chevron_right 8 chevron_right 9 chevron_right 10 chevron_right 11 chevron_right 12 chevron_right 13 chevron_right 14 chevron_right 15 chevron_right 16 chevron_right 17 chevron_right 18 chevron_right 19 chevron_right 20 chevron_right 21 chevron_right 22 chevron_right 23 chevron_right 24 chevron_right 25 chevron_right 26 chevron_right 27 chevron_right 28 chevron_right 29 chevron_right 30 chevron_right 31 chevron_right 32 chevron_right 33 chevron_right 34 chevron_right 35 chevron_right 36 chevron_right 37 chevron_right 38 chevron_right 39 chevron_right 40 chevron_right 41 chevron_right 42 chevron_right 43 chevron_right 44 chevron_right 45 chevron_right 46 chevron_right 47 chevron_right 48 chevron_right 49 chevron_right 50 chevron_right 51 chevron_right 52 chevron_right 53 chevron_right 54 chevron_right 55 chevron_right 56 chevron_right 57 chevron_right 58 chevron_right 59 chevron_right 60 chevron_right 61 chevron_right 62 chevron_right 63 chevron_right 64 chevron_right 65 chevron_right 66 chevron_right 67 chevron_right 68 chevron_right 69 chevron_right 70 chevron_right 71 chevron_right 72 chevron_right 73 chevron_right 74 chevron_right 75 chevron_right 76 chevron_right
Introduction
00:00 • 5min
The World's Leading Property Casualty Company
05:10 • 4min
The Unrealized Gains of Berkshire
09:40 • 5min
The Top Six Companies in the World by Market Value
15:06 • 1min
How Many Companies Are Going to Be on the List?
16:27 • 3min
The World Can Change in a Dramatic Way
19:48 • 3min
The Place to Be in 19 89
22:27 • 4min
The History of the Auto Industry
26:19 • 3min
Be Fearful When Others Are Greedy
28:59 • 2min
What Happened to the Air Lines?
30:44 • 5min
The Airline Business Is a Good Thing, but We Wish Them Well
35:47 • 5min
We're Not a Bank. We Can't Go to the Federal Reserves if We Need Money
40:43 • 2min
Long Term Shareholders Shouldn't Buy Berkshire Stocks
42:32 • 4min
Is the 500 Index a Good Investment?
46:58 • 4min
Is There a Better Way to Get Out of a Busins?
50:44 • 5min
Berkshire Hathaway Energy - You've Got 95 % of It.
55:57 • 2min
We Don't Do That at Berkshire.
57:39 • 2min
Then, if You're Going to Close Coal Plants, You'd Better Have the Transmission.
59:50 • 2min
Building a High Voltage O the Transmission System
01:01:51 • 4min
We've Met the Commitment Under the Paris Agreement, and We've Achieved That by 20 30.
01:06:10 • 3min
Decarbonizing Our Business Units in Berkshire
01:08:57 • 5min
The Risk of Underwriting Mistakes in the Insurance Industry
01:13:33 • 2min
Are We Willing to Lose Ten Billion Dollars in a Single Event?
01:15:44 • 3min
The Relationship Between Warren and Charlie Hathaway at Berkshire
01:19:10 • 6min
Aging Management Berkshire
01:24:40 • 3min
Gico Is Catching Up With Progressive in Terms of Matching Rate to Risk
01:27:42 • 3min
Apple Is an Incredible Product, a Huge, Huge Bargain
01:30:34 • 2min
Is It a Mistake?
01:32:05 • 4min
What Gets Backo Something Fundamental in Investments, Imean A.
01:35:48 • 2min
The Reduction in the Carry Cost of the Debt
01:37:25 • 2min
The Wealth of Nations by Paul Samuelson
01:39:06 • 2min
What Interest Rates Do Overnight?
01:40:41 • 2min
Why the Gogles the Apples Hen?
01:42:50 • 2min
Is the World More Complicated Than You Thought?
01:44:40 • 2min
The Rise of New Spacks Has an Impact on Berkshere's Ability to Find and Close New Acquisitions
01:46:59 • 2min
The Greatest Markets in the World
01:49:05 • 3min
The Gambling Impulse
01:52:08 • 2min
Is It Better to Keep Your Money in Cash While Waiting for Stock Prices to Come Down?
01:54:30 • 2min
Were a Charley and We Ave Bought Stocks
01:56:49 • 3min
We've Got Savers Ow
02:00:18 • 1min
The Immorality of Repurchasing Stocks
02:01:44 • 3min
The New Administrations Capital Gains, Corporate Tax and Stepped Up Basis Tax Increases
02:04:23 • 5min
Taxes - What Would You Pay to Own Berkshire Hathaway Stock?
02:09:17 • 3min
I Don't Think It Will Affect Humanity
02:11:49 • 2min
Pendemic Risk
02:13:50 • 4min
Berkshire's Insurance Claim Exposure From the Covet 19 Pandemic
02:18:17 • 3min
Canadian Pacific and Canadi National to Buy Kansas City Southern?
02:21:11 • 3min
Canadian Pacific or Canadian National?
02:24:20 • 2min
Investing in the Railroad Industry
02:26:13 • 2min
We'll Keep Making Mistakes
02:28:29 • 2min
The Number One Risk Factor
02:30:27 • 2min
Do You Still Consider Cryptos as Worthless Artificial Gold?
02:32:25 • 5min
We're Going to Deliver a Better Proposal for Texas.
02:37:11 • 2min
Will You Underwrite a Part of a Venture?
02:39:39 • 3min
Getting a Return on Capital
02:43:04 • 2min
Tod and Ted at Berkshire
02:44:52 • 1min
Investing in China
02:46:02 • 5min
We Don't Know, but We Do Know
02:50:58 • 5min
Is It a 22 Point Three % Risk That Nothing Changes?
02:56:24 • 3min
Warren Charley and Gregg's Views on Craft Hines
02:58:57 • 4min
The Myth of Corporate America
03:03:10 • 2min
The New Insanities Are Going to Die, Right?
03:04:57 • 2min
Withholding Taxes - The Big Picture of Change
03:06:47 • 2min
We're Fighting a Tapeworm
03:08:33 • 3min
We Can't Spend Our Time Looking for a Hundred Million Dollar Acquisition
03:11:37 • 2min
Decentralization Willn't Work Less if You Have the Right Culture
03:13:31 • 2min
The Roman Empire Worked as Long as It Did
03:15:06 • 4min
The Casino Group
03:18:40 • 2min
Are the States as Bad as Robin Hood?
03:20:19 • 3min
Are You Seeing Signs of Inflation Beginning to Increase?
03:23:04 • 2min
The Dry Cleaner Nurse Just Goes Out of Business
03:25:07 • 2min
Quants - What Do You Think of Quants?
03:26:45 • 2min
How to Make More Money Trading Stocks?
03:28:37 • 2min
Covet Improves the Pension Situation
03:30:32 • 2min
The Real Problem Is the Pension Deficit
03:32:19 • 2min
You Have to Be a Continuous Learning Machine
03:34:08 • 3min
2021-Full Session-BRK Annual Shareholders Meeting