2004-Afternoon Session-BRK Annual Shareholders Meeting

This is a Q&A session featuring Warren Buffett and Charlie Munger, who answer a variety of questions from shareholders. The topics range from ethical concerns in asset allocation and the future of Berkshire Hathaway to discussions on stock splits, dividends, corporate governance, and the impact of immigration. They also delve into specific companies like PetroChina, MidAmerican Energy, and Wells Fargo, offering insights into their investment strategies and management philosophies. Additionally, they address broader economic issues, including the derivatives market, the role of government in accounting standards, and advice for young investors.