2018 Berkshire Hathaway Annual Meeting - Afternoon Session Viewer Friendly Version With Chapters
The Berkshire Hathaway annual meeting is an opportunity for shareholders and analysts to pose questions to Warren Buffett and Charlie Munger. 0:01:38 Why Berkshire won’t be buying Microsoft stock 0:04:12 Warren Optimistic in America 0:10:36 We’ll have a somewhat larger operation at Gen Re 0:14:16 I can’t reduce that to a formula for intrinsic value 0:17:07 Why Apple and thoughts on Apple’s buybacks 0:22:55 I like our holdings of American Express 0:28:58 Capital-intensive businesses are “good enough” 0:34:43 Buffett “surprised” rate of decline for newspapers hasn’t moderated 0:42:41 TTI has “improved dramatically in the past year” 0:48:46 Phillips 66 and staying below 10 percent ownership 0:52:02 Cryptocurrency craze will “come to a bad ending” 0:57:01 Shareholders will get a lot of the corporate tax cut benefit 1:00:42 The benefits of multiculturality 1:05:32 Subsidiaries encouraged to offer low-cost 401(k) options 1:09:26 Berkshire’s culture will continue because “it works” 1:15:18 Cash needed to support Berkshire insurance operations 1:20:00 “Amazing” earnings in the new “asset-light economy” 1:25:34 “We still feel OK” about AIG’s $10.2 retroactive premium 1:28:28 We really want products where people feel like kissing you 1:35:53 Hostile bids aren’t “evil” but Berkshire doesn’t do them 1:41:32 Berkshire still not on radar screen of international business sellers 1:45:02 Investing “doesn’t require advanced learning” 1:53:53 Buffett “bullish on human race” as women enter the workforce 1:58:54 Berkshire buybacks not limited by state insurance rules 2:02:00 Machine intelligence 2:05:26 Munger: “American investors are missing China” 2:09:23 What Jeff Bezos has done is something close to a miracle 2:17:39 We already have a family office. It’s sitting right here 2:18:53 Berkshire’s executives compensation arrangements Thanks for watching. Subscribe to my channel for free content focused on investing, money, stock market. Interviews feature the best investing minds in the world including Warren Buffett, Charlie Munger. / @sharinginvestingwisdom
