1996 Annual Meeting - Summary
Meeting focused on Class B shares creation, unit trust prevention, and Berkshire's stock valuation
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1996 Annual Meeting - Summary
The 1996 annual meeting was dominated by discussion of the newly created Class B shares, which Berkshire introduced to prevent unit trusts from exploiting Berkshire's reputation. Buffett explained why the stock was not undervalued at current prices and discussed the risks of high-commission investment products.
Key Topics Discussed
Quick Facts
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Year: 1996
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Type: Annual Meeting
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Tags:
buffett,berkshire,1996,annual-meeting,class-b-shares,valuation