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1996 Annual Meeting

When to invest in a great company

Warren Buffett describes the criteria he uses to evaluate companies—and why price isn't always the most important factor.

Mon, May 6 1996 • 1:00 PM EDT
More From 1996 Annual Meeting
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1996 Annual Meeting Highlight Reel
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Morning Session - 1996 Meeting
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Afternoon Session - 1996 Meeting
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Why create Class B shares?
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How Class B shares compare to A
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How does the issuance of Class B shares affect A shareholders?
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Buffett on the price of the Class B
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Buffett on the future of World Book
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Buffett on insurance "float"
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"It's still a very fine business"
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What Buffett looks for in annual reports
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"Berkshire is not a one-man show"
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"We really feel the fairer, the better"
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"You get a lot of mediocrity"
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Buffett and Munger's views on downsizing