THE HIGHLIGHTS: Warren Buffett talks about investing, technology, risks, and mistakes
Advertisement
Welcome to a special Warren Buffett-themed edition of Finance Insider, Business Insider's summary of the top stories of the past 24 hours.
Advertisement
Advertisement
Warren Buffett's Berkshire Hathaway hosted its annual meeting on Saturday.
The event has become a huge occasion and is sometimes called "Woodstock for Capitalists" or "Buffettpalooza." Buffett and Vice Chairman Charlie Munger answered around five hours of questions. Here are the headlines from the day:
- BUFFETT: Jack Bogle is going to save American investors "100s and 100s of billions"
- Buffett says Trump's tax plan would be good for Berkshire, but won't change how they do business
- A millennial asked Warren Buffett what value his firm adds - here's what he said
- CHARLIE MUNGER: "A lot of other people are trying to be brilliant. We're just trying to be rational."
- "THAT'S MORE OF A SPEECH THAN A QUESTION": Anti-Coca Cola protester interrupts Berkshire Hathaway's annual meeting
- BUFFETT: Wells Fargo made three huge mistakes during the fake accounts scandal but one "dwarfs all the others"
- "JEFF BEZOS IS A DIFFERENT SPECIES": Buffett and Munger praise Bezos, Amazon
- "WE BLEW IT": Charlie Munger says it was a mistake for Berkshire Hathaway to not invest in Google and Walmart
- BUFFETT: There will be economic troubles, but "we know that America will come out fine"
- "The department store is online now": Warren Buffett says the face of retail is shifting
- BUFFETT: Driverless vehicles "won't be a good thing" for business
- BUFFETT: This is "the number one problem with mankind"
- BUFFETT: Here's the kind of person I'd like to head up Berkshire Hathaway when I'm gone
- MUNGER: 'I do think the Chinese stock market is cheaper than the American stock market'
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Reliance gets thumbs-up from S&P, Fitch as strong earnings keep leverage in check
- Realme C65 5G with 5,000mAh battery, 120Hz display launched starting at ₹10,499
- 8 Fun things to do in Kasol
- SC rejects pleas seeking cross-verification of votes cast using EVMs with VVPAT
- Ultraviolette F77 Mach 2 electric sports bike launched in India starting at ₹2.99 lakh
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market