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1994 Berkshire Hathaway Annual Meeting

(April 25, 1994) Buffett warns that excessive risks in the reinsurance business may not become evident until big problems arise years later, and calls derivatives a dangerous combination of "ignorance and borrowed money." He and Munger also tell investors why they don't need to do extraordinary things to get extraordinary results.



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1994 Berkshire Hathaway Annual Meeting

https://buffett.cnbc.com/1994-berkshire-hathaway-annual-meeting

(April 25, 1994) Buffett warns that excessive risks in the reinsurance business may not become evident until big problems arise years later, and calls derivatives a dangerous combination of "ignorance and borrowed money." He and Munger also tell investors why they don't need to do extraordinary things to get extraordinary results.



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https://buffett.cnbc.com/1994-berkshire-hathaway-annual-meeting

1994 Berkshire Hathaway Annual Meeting

(April 25, 1994) Buffett warns that excessive risks in the reinsurance business may not become evident until big problems arise years later, and calls derivatives a dangerous combination of "ignorance and borrowed money." He and Munger also tell investors why they don't need to do extraordinary things to get extraordinary results.

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      (April 25, 1994) Buffett warns that excessive risks in the reinsurance business may not become evident until big problems arise years later, and calls derivatives a dangerous combination of "ignorance and borrowed money." He and Munger also tell investors why they don't need to do extraordinary things to get extraordinary results.
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      (April 25, 1994) Buffett warns that excessive risks in the reinsurance business may not become evident until big problems arise years later, and calls derivatives a dangerous combination of "ignorance and borrowed money." He and Munger also tell investors why they don't need to do extraordinary things to get extraordinary results.
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