
2023-Part 2-BRK Annual Shareholders Meeting
Berkshire Hathaway Annual Shareholder Meetings (since 1994)
00:00
Unpredictability in Banking Dynamics
The American public remains uncertain about banking due to the constantly changing dynamics since the 2008 financial crisis. The unpredictability of factors such as deposit stickiness has led to unknown consequences. These uncertainties have made ownership of banks a cautious decision, despite positive experiences with specific institutions like Bank of America. The speaker acknowledges the challenge of projecting future outcomes in such a volatile banking environment.
Transcript
Play full episode