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1994 Annual Meeting

"We'd rather multiply by three than by pi"

Warren Buffett and Charlie Munger prefer to go with business that are easy for them to understand, because "you don't have to do exceptional things to get exceptional results."

Mon, Apr 25 1994 • 9:00 AM EDT
More From 1994 Annual Meeting
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VIDEO04:37
1994 Annual Meeting Highlight Reel
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VIDEO00:00
Morning Session - 1994 Meeting
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VIDEO00:00
Afternoon Session - 1994 Meeting
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VIDEO00:00
Derivatives can be dangerous
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VIDEO00:00
"We don't think we can improve on this group"
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VIDEO03:01
"You judge management by two yardsticks"
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VIDEO03:25
How Berkshire holds onto its managers
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VIDEO01:27
Buffett's Blue Chip Stamps "wizardry"
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VIDEO01:44
"We look at what the market says is the utility"
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VIDEO02:16
Buffett and Munger's book recommendations
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VIDEO03:51
"Charlie and I never have an opinion about the market"
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VIDEO00:00
Why Buffett prefers to buy entire businesses