Johnson & Johnson

Afternoon Session - 2013 Meeting

“buying 20 of the best stocks in America, Procter & Gamble, Coca-Cola, Johnson-Johnson”

Afternoon Session - 2011 Meeting

“Johnson & Johnson is one of Berkshire's biggest holdings, and he asks, for your thoughts, Warren, on Johnson and Johnson's recent acquisition of Synthis for $21 billion... I would like the deal a whol”

2011 Berkshire Hathaway Shareholder Letter

“31,416,127 Johnson & Johnson ..................... 1 . 2 1,880 2,060”

2010 Berkshire Hathaway Shareholder Letter

“45,022,563 Johnson & Johnson ............................... 1 . 6 2,749 2,785”

Morning Session - 2009 Meeting

“like Johnson and Johnson are quite Berkshire-like and that they're decentralized and they let these people pop up”

Morning Session - 2009 Meeting

“I sold a couple billion dollars worth of J&J. And I sold a couple billion dollars worth of J&J, just. Just because I didn't like getting our cash level down below a certain point”

Morning Session - 2009 Meeting

“we actually sold something that under normal circumstances, we wouldn't have thought about selling if it was 10 or 15 points higher in Johnson & Johnson.”

Morning Session - 2009 Meeting

“On the Johnson and Johnson we sold, we actually made a deal where we got had a floor price on what we would sell that for”

2009 Berkshire Hathaway Shareholder Letter

“28,530,467 Johnson & Johnson ............................... 1 . 0 1,724 1,838”

Afternoon Session - 2008 Meeting

“you have invested in drug companies such as Johnson and Johnson and Johnson and Zanovi. How do you evaluate the pipeline”

Afternoon Session - 2008 Meeting

“pharma stocks at a reasonable multiple, a group of them, you know, you'll probably do okay five or ten years from now... J&J or Santa Fe or whatever”

2008 Berkshire Hathaway Shareholder Letter

“30,009,591 Johnson & Johnson ........................... 1 . 1 1,847 1,795”

2008 Berkshire Hathaway Shareholder Letter

“I had to sell portions of some holdings that I would have preferred to keep (primarily Johnson & Johnson, Procter & Gamble and ConocoPhillips)”

Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010

“We own a lot of Johnson and Johnson. They had a problem at the McNeil lab recently... Over time, I think Johnson and Johnson will do fine.”

Warren Buffett | Testimony | 2008 Financial Crisis | June 2, 2010

“We own a very big chunk of Johnson & Johnson...overall, I feel the Johnson & Johnson management is going to do a fine job over time”

Afternoon Session - 2007 Meeting

“discount rates used for Coca-Cola, J&J, or some of your past investments”

Wesco 2007 Annual Meeting — Notes of Charlie Munger's Remarks (Whitney Tilson)

“Why did you buy stock in Tesco and J&J? Ordinarily we don't go into reasons for buying things. Obviously, we think they're very respectable enterprises. One is the dominant grocery retailer in England”

2007 Berkshire Hathaway Shareholder Letter

“64,271,948 Johnson & Johnson.................................. 2.2 3,943 4,287”

2006 Berkshire Hathaway Shareholder Letter

“Johnson & Johnson.................................. 0.7 1,250 1,409”

Poor Charlie's Almanack

“At Johnson & Johnson, the rules make everybody revisit old acquisitions, comparing predictions with outcomes. That is a very smart thing to do.”

Afternoon Session - 1996 Meeting

“Pfizer and J&J, all three companies, which have already proven that not only they have a great product”

Buffett Partnership Letter — 1966-01-20

“about half the size of the First National in Omaha”