Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1996-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Enhancing Business and Repurchasing Shares

Utilize business-generated funds to enhance the business further. Repurchase shares below intrinsic value. Exceptional businesses have higher intrinsic values. Recognize and appreciate the scarcity of outstanding businesses. Support management intensifying ownership through share repurchases. Increased ownership in a company like Coca-Cola through share repurchases proves beneficial in the long run.

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