




While the media and economists like to talk about the US Fed and the debt, the focus should be on fiscal deficit, which is not controlled by Jerome Powell as the US Fed chair, said Warren Buffett at Berkshire Hathaway annual shareholder meeting.
In the wake of Charlie Munger's passing, the 2024 Annual Meeting commenced with a poignant tribute, a short film chronicling the life of the remarkable man who had been Warren Buffett's steadfast friend and partner for over six decades.
Buffett said that Berkshire earnings will increase moderately
Buffett said, "Charlie used to say, 'Tell me where I'm going to die and I will never go there'.
Buffett stated that operating executives prefer to talk to Abel or Jain.
Buffett also although AI has good things to offer, the scamming industry will be a high growth industry in future, thanks to AI
Buffett said he will continue to own Apple even as they do not mind holding cash under current market conditions
This is the first Berkshire Hathaway AGM without Warren Buffett's longtime friend and partner, Charlie Munger, who passed away last year, putting the spotlight on Vice Chairmen Greg Abel and Ajit Jain
For the first time, Berkshire will broadcast its annual meeting movie that had previously always been reserved only for those in attendance in Omaha
Apart from queries about specific sectors or business, the Oracle of Omaha is also often posed with questions regarding his general strategies and perspective during Berkshire Hathaway's annual shareholder meeting.
From French farmers' protest, Qatar's gas production boost, European automakers' challenges in the EV market to Berkshire Hathaway results, Reddit IPO, and South Korea's "Value-up Program", here's a look at recent business developments around the world.
Both AMEX and Coke will almost certainly increase their dividends in 2024 – about 16% in the case of AMEX – and we will most certainly leave our holdings untouched throughout the year, Buffett added.
There remain only a handful of companies in this country capable of truly moving the needle at Berkshire, Buffett wrote in his annual letter.
These quotes capture the essence of Charlie Munger's wisdom and provide valuable insights into his mindset and approach to life and investing.
From pause in rate hikes by the ECB and the BoE in line with the US Fed to drug makers' battle with cost surge and Buffett's bullish bets on Occidental Petroleum and more
The Omaha-based investment conglomerate began reducing its bet in HP from June onwards, when it held 121 million shares, equivalent to about 12 percent stake, in the tech firm.
Charlie Munger had three golden rules that guided his extraordinary career and partnership with Warren Buffett.
The late vice chairman of Berkshire Hathaway once listed human tendencies that can cause misjudgements, and suggested some antidotes.
In the realm of modern business philosophers, few shine as brightly as Charlie Munger, the Vice Chairman of Berkshire Hathaway.
Charlie Munger would go on to become Warren Buffett's chief lieutenant at Berkshire Hathaway and attain a net worth of about $2.6 billion until his death.