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EPISODE · May 1, 2016 · 1H 57M

Berkshire Hathaway 2016 Annual Shareholders Meeting

from The Numbersman Show · host Numbersman

Warren Buffett hopes next year's annual letter has a Christmas picture with the same 25 head-office employees as this year's picture and the year before's picture.In response to a question about whether the company needs to hire a more diverse group of employees and directors, Buffett said no, he doesn't hire for diversity. He looks for three qualities: people who are business-savvy, are shareholder-oriented and who have a special personal interest in Berkshire.In 2013 Berkshire ranked last among companies in the S&P 100 on a survey of Berkshire published by activist investor Calvert Investments. “What specific risks – regulatory, policy or otherwise – do you foresee for Berkshire's portfolio of businesses?”Buffett – who endorsed Democrat Hillary Clinton at a December event in Omaha – quipped, “That won't be the main problem.”

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