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2008 Annual Meeting

How to take a small business to the next level

Warren Buffett explains how consistency helped him and Charlie Munger gradually build Berkshire Hathaway into what it is today.

Sat, May 3 2008 • 9:00 AM EDT

More From 2008 Annual Meeting

2008 Annual Meeting Highlight Reel

Morning Session - 2008 Meeting

Afternoon Session - 2008 Meeting

Susan Lucci "takes over" Berkshire

How to avoid being a lemming

"Forget about the word 'stock'"

"We're forced to do virtually nothing we don't want to"

"Learn as much as you can about the world around you"

Buffett on frugality

"We buy businesses with great managers in place"

Buffett gives shareholders life advice

Buffett on Klamath Dam pollution

'Diversification is for the know-nothing investor'

Buffett on using stock options

"What's the sense of talking to management?"