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Tweets From the Berkshire Hathaway Annual Meeting

|Includes:Berkshire Hathaway Inc (BRK.A), BRK.B

Below are a few key points that I tweeted from @investopia at the 2011 Berkshire Hathaway Annual Meeting

$$ #BRK2011 Buffett: currently looking at a couple of purchases roughly around the same size as Lubrizol

#BRK2011 Munger: it seems like the [political] parties compete with each other for who is the most stupid and they keep topping one another

$$ #BRK2011 Buffett: "the United States is never going to have a debt crisis as long as we continue to print notes in our own currency"

$$ #BRK2011 Buffett: Congress failing to raise the debt ceiling would be "the most asinine act"

$$ #BRK2011 Buffett: in evaluating a company "you should look at return on tangible assets"

$$ #BRK2011 Buffett: our rail business is an "excellent asset to own"

$$ #BRK2011 Buffett "businesses like our utilities...are not going to do as well" in periods of high inflation

$$ #BRK2011 Buffett: "we know we will not do remotely as well going forward as we have in the past" - because of size

$$ #BRK2011 Buffett: Fannie and Freddie are "too big to 'figure out'"

Buffett: Ending of QE2 is probably priced into the market $$

Buffett: Sokol's actions "inexcusable" $$

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Stocks: BRK.A, BRK.B