
2017-Morning Session-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
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Trust in Insight: The First Five Minutes Matter
Understanding the potential success of a venture often hinges on rapid evaluation, where initial impressions formed within the first five minutes can indicate likelihood of success. The ability to make informed decisions is critical, evaluating whether sufficient information is available to proceed. Many potential opportunities are dismissed early on due to insufficient knowledge. Preference leans towards companies with strong product longevity and predictability in consumer behavior, though anticipating consumer behavior has become increasingly complex and challenging compared to previous decades. Measuring potential outcomes considers returns on present and prospective capital, emphasizing the importance of informed decision-making.
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