← Back to Annual Meetings

1999 Annual Meeting - Famous Quotes

Famous quotes from the 1999 Berkshire Hathaway Annual Meeting.

buffettberkshire1999annual-meetinginternet-bubbleMungerquotes

Famous Quotes from 1999 Annual Meeting

  1. "Internet stocks are commanding high valuations. But fundamentals matter."

  2. "We're focused on businesses, not stock prices."

  3. "The businesses are performing well. We're growing."

  4. "Float is growing. We're well positioned."

  5. "Human cleverness has gone wrong in the stock market."

  6. "People are throwing away wisdom. They're chasing dreams."

  7. "When this ends, people will lose money. A lot of it."

  8. "Every internet IPO soars. People don't ask about earnings."

  9. "We don't own internet companies. We don't understand them."

  10. "The price doesn't matter if the business is bad."


Source: 1999_Annual_Meeting.md