1994-Afternoon Session-BRK Annual Shareholders Meeting

This podcast features a Q&A session where the speaker answers questions from the audience on a variety of topics related to investment strategies and specific companies. The speaker addresses concerns about investment in Guinness, the performance of World Book and Buffalo News, and the potential breakup of Berkshire into smaller entities. They discuss the sale of General Dynamics stock, the volatility of Berkshire's stock price, and the use of Coca-Cola puts. The speaker also comments on rumors of Berkshire's investments in Philip Morris and UST, the possibility of Berkshire joining the S&P 500, and the appropriate size of a position in a given security. Additional topics include Coca-Cola's growth prospects, the convertible bonds deal, strategies for managing market impact on sales, key man insurance, compensation structures at Solomon Brothers, and methods for determining the economic value of businesses.