1994 Annual Meeting - Summary
Meeting where Buffett warned about derivatives as "ignorance and borrowed money" and discussed risks in reinsurance
buffettberkshire1994annual-meetingderivativesreinsurancesummary
1994 Annual Meeting - Summary
The 1994 annual meeting was the earliest preserved in the CNBC archives. Buffett gave his famous warning about derivatives being "ignorance and borrowed money," discussed risks in the reinsurance business, and introduced the assembled Berkshire managers.
Key Topics Discussed
Quick Facts
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Year: 1994
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Type: Annual Meeting
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Tags:
buffett,berkshire,1994,annual-meeting,derivatives,reinsurance