It's a nightmare to administer some of this sort of thing…
“It's a nightmare to administer some of this sort of thing, but I want to tell the shareholders of Berkshire, to the percent we own marketable securities or things for which there are market, even if those markets - I want to tell them what it's all about.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He expresses frustration with complex financial instruments and urges transparency about the company's marketable securities holdings.
In simple terms: He wants clear communication about the company's investments.
Communicate clearly about investment holdings.
Themes
Mood
Type
When to use this quote
- annual shareholder meeting
- financial reporting
- investment strategy
- risk disclosure
Key Concepts
Questions to Reflect On
- How can investors better understand complex securities?
- What steps improve corporate transparency?
Complex instruments can obscure true value, making transparency difficult.