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OT: who’s watching CNBC now Berkshire annual meeting ?

bidaskbidask Posts: 13,894 ✭✭✭✭✭
in Precious Metals

Hilarious clips of Charlie Munger and Warren Buffet

Buffet will be doing a Q&A for a few hours .

Watch and learn 😄

I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.




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    HigashiyamaHigashiyama Posts: 2,166 ✭✭✭✭✭

    @bidask - it’s not too far off topic, but to bring it closer: was anything said about inflation, prices, wage pressures etc?

    Higashiyama
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    bidaskbidask Posts: 13,894 ✭✭✭✭✭

    @Higashiyama said:
    @bidask - it’s not too far off topic, but to bring it closer: was anything said about inflation, prices, wage pressures etc?

    He was speaking more so from an investment viewpoint ...not much in the way of comments on economic data currently.

    He is long and hoarding cash and his cash horde is growing earning 5% plus in US Treasurys which could be used for strategic investments. Buffet is a patient investor. Long duration investments like Sie's candy, Coca Cola and American Express have paid off handsomely.

    He has far, far surpassed the S&P 500 over the long term. Not even close.

    The interviews at the beginning with him and Munger were great and humorous.

    When you think about these two men who built Berkshire and their longevity in running Berkshire it is quite amazing.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




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