1998-Morning Session-BRK Annual Shareholders Meeting

Introduction

The Board of Directors of Berkshire Hathaway

The Business of the Berkshire Investment Company

How to Find Companies That Will Grow Their Price Earnings Ratios

How to Forecast Price Earnings Ratios

Ben Graham's Guide to Value Investing

The Teaching of Efficient Market Theories in Universities

The Anomaly of Luck

Warren's Six Segments of Luck

The Importance of Time

How to Analyze Businesses Quickly

The Next Warren Buffett?

Chad Corey: The Next Charlie Munger

How to Buy a Stock That You Don't Want to Sell

The Beauty of Marketable Securities

The Colors for the Cover of This Year's Annual Report

The Insurance Business at Berkshire

The Effect of the Year 2000 Compliant Issue on the U.S. Stock Market and the Global Economy

How to Control Campaign Spending

The Arms Race in Campaign Spending

The Battle of the Pockets for Influence

The Unsustainable Returns on Equity for the Banking Sector

The Rise in Returns on Equity and Untangible Assets

The Slow Revolution in Corporate Attitudes

The Secret of Life Is Weak Competition

Guns, Germs and Steel by Jared Diamond

What Keeps You Awake at Night?

The Paranoid Survive

The Future of Financial Business

The Importance of Thinking About Important Subjects

How to Review the Whole Spectrum of Choices in the Equity Markets

The Impact of the Insurance Industry on Berkshire's Insurance Business

The Consolidation of Insurance

Coca-Cola at 40p

Coke Repurchasing Shares

The Importance of Repurchases

The Benefits of Float for Berkshire

The Importance of Maintaining a Float

Japan Cashing in the US Investments to Bail Theirself Out

The Problems With the Japanese Economy

The Politics of Private Investment Accounts

The Importance of 2% Social Security

The Cost of Capital for Berkshire Hathaway

The Cost of Capital at Berkshire Hathaway

The Impact of Catastrophe Bonds on the Company's Growth

The Importance of Pricing Your Insurance

How to Understand Annual Reports

The Importance of Constructing Your Business

Coca-Cola's Long-Term Growth Versus Pepsi-Cole's Recent Efforts to Increase the Petdivviveness With Coke

The Quality of Earnings in Coca-Cola

The Importance of Knowing Your Key Variables

The Impossible

The Advantages of Investing in Berkshire Hathaway

The Impact of Berkshire's Operating Subsidiaries on Market Value

The 401K Factor and the Bull Market

How Much Bridge Do You Play?

The Critics of Disney's Acquisition of Capital Cities

The Economic Earmarks of Disney

The Future of Technology

The Importance of Repurchasing Shares

The Smile Train

The Supply and Demand Fundamentals for Silver

The Depletion of the Silver Inventory

The Effects of the Silver Purchase Act on the Price of Silver

How to Be a Class B Shareholder

The Importance of Talking to Groups

What Are Your Recommendations for Berkshire Hathaway?

The Future of Berkshire Hathaway

How to Calculate the Intrinsic Value of a Company

The Importance of Honesty

How to Valuation a Business

The Munger System for Dealing With Reality

The Importance of Love in Business