AUDIENCE MEMBER: Good morning, Mr. Buffett and Mr. Munger. Thank you for hosting another wonderful weekend. My name is Che Wai Woo (PH). I’m a proud shareholder from right here in Omaha. One of the most interesting financial news developments this previous year was the near collapse of the hedge fund Long-Term Capital.
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1999: What are your thoughts on the collapse…
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AUDIENCE MEMBER: Good morning, Mr. Buffett and Mr. Munger. Thank you for hosting another wonderful weekend. My name is Che Wai Woo (PH). I’m a proud shareholder from right here in Omaha. One of the most interesting financial news developments this previous year was the near collapse of the hedge fund Long-Term Capital.