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Morning Session - 1994 Berkshire Hathaway Annual Meeting

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Warren Buffett explains why it may not be evident that a reinsurance company is "swimming naked" until the "tide goes out." Buffett also argues for a "steeply progressive" consumption tax and calls derivatives a dangerous combination of "ignorance and borrowed money."

Morning Session - 1994 Berkshire Hathaway Annual Meeting Skip Navigation Search CNBC.com Annual Meetings CNBC Interviews Buffett A-Z Timeline Documentary About watch now VIDEO 00:00 Annual Meetings Morning Session - 1994 Meeting Warren Buffett explains why it may not be evident that a reinsurance company is "swimming naked" until the "tide goes out." Buffett also argues for a "steeply progressive" consumption tax and calls derivatives a dangerous combination of "ignorance and borrowed money." See details on this meeting Tue, Dec 11 2018 • 12:00 PM EST Key Chapters — See All Chapters 11 . Deriv

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