2000-Afternoon Session-BRK Annual Shareholders Meeting

Discussion on the best way to calculate option costs when evaluating companies. The concept of issuing options to employees and the potential opportunity cost involved. Counterintuitive pricing for prestigious schools. Investing in energy and transportation sectors. The justification of Doug Ivester's severance package. Compensation, corporate governance, and shareholder power. The influence of role models. The satisfaction and challenges of their job. Skepticism towards predicting the future success of tech companies. The potential impact of demographics on the stock market. Recognizing mistakes and making wise investments. The competitive edge in investing. Interactions with Bill Gates. The impact of technology on economic development. Preference for businesses with global appeal. Approach to real estate deals and operating business. Investing in like-minded organizations and challenges in the reinsurance business.