Video Link: https://youtu.be/jzM1OQVOXJU
"If you had a merchant shipping business, if all of your competitors believe the world is flat, you know, that is a huge edge, because they will not take on any cargo to go to places that are beyond where they think they will fall off. And so we should be encouraging the teaching of efficient market theories in universities."
[Full Videos of Berkshire Hathaway Annual Meeting 1998]
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