2002 Annual Meeting - Famous Quotes
Famous quotes from the 2002 Berkshire Hathaway Annual Meeting.
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Famous Quotes from 2002 Annual Meeting
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"America was attacked. But we're not broken."
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"We'll bounce back. We always do."
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"9/11 changed everything. Insurance costs rose."
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"We paid claims promptly. That's what we do."
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"Terrorism is uninsurable in the old sense. The risks are systemic."
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"The government needs to backstop terrorism insurance. Private markets can't handle it alone."
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"Rates have risen. That's appropriate given the risks."
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"Everything changed after 9/11. We can't pretend otherwise."
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"We can't prevent terrorism. But we can insure against it properly."
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"We have the capital to pay any claim. That's our promise."
Source: 2002_Annual_Meeting.md