

2010-Morning Session-BRK Annual Shareholders Meeting
8 snips Dec 1, 2018
Discussion on the performance of raw industry businesses and the importance of long-term value. Clarification of the Abacus transaction and the need for stricter regulations on commercial and investment banks. Exploring driver distraction and charitable stock distribution. Importance of Ajit Jain to Berkshire and national indemnities. Exploring inflation, financial education, and the secret millionaires club. Managing acquired businesses and investing in BYD. Effective decentralized headquarters and commitment to ethical behavior.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13
Introduction
00:00 • 4min
Performance of raw industry businesses, focus on operating earnings, and rounding practices in earnings reports
03:34 • 3min
Introduction of Journalists and Q&A Format, and a Question about Goldman Sachs
06:54 • 3min
Misreporting and Losses: The Abacus Transaction
10:15 • 26min
Stricter Regulations and the Need for a New Glass-Steagall
35:58 • 10min
Currencies and Greek Crisis
46:19 • 17min
Driver Distraction and Charitable Stock Distribution
01:03:14 • 25min
Changing the Culture of an Organization
01:28:07 • 2min
Ajit Jain's Importance to Berkshire and National Indemnities
01:30:20 • 12min
Inflation, Financial Education, and the Secret Millionaires Club
01:42:07 • 13min
Defense Against Inflation and Mistakes with NetJets
01:54:42 • 4min
Managing Acquired Businesses and Investing in BYD
01:58:48 • 8min
Headquarters and Ethical Behavior
02:06:30 • 26min