264- Berkshire Hathaway Meeting Recap and Implications

InvestED: The Rule #1 Investing Podcast

Phil Town & Danielle Town

Investing, Business

4.6 • 1.6K Ratings

🗓️ 5 May 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Berkshire Hathaway Annual Shareholders Meeting took place on Saturday, May 2, and investors around the world tuned in virtually. The way Warren Buffett was speaking in this meeting was vastly different compared to previous years. What is this implying for investors and the economy? Listen to the podcast today to find out what Warren Buffett thinks about the current stock market climate and how investors should prepare themselves for what’s to come next. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey everybody this is Phil Town and this is Danielle Town
0:08.0	welcome to the invested podcast we are obviously in the middle of a pandemic and we have massive things going on in every direction and we just got to hear from Warren Buffett this weekend and I think he had quite a lot to say particularly
0:25.7	between the lines and I think it's going to be really valuable for us to to chat about
0:30.6	that today so let's do that. What do you say?
0:33.0	Wow, we're diving right in. This is so unusual for us. I love it.
0:37.4	This is some serious things going on out there and we need to talk about them.
0:41.2	There are serious things. So it was the Berkshire Hathaway annual shareholder
0:45.9	meeting on Saturday and this is normally an enormous woodstock of capitalism type of convention in Omaha, Nebraska.
0:56.5	I'm wearing right now my shirt that I got there last year.
1:00.9	Oh, it was the Woodstock of capitalism shirt.
1:04.8	You got a good shirt.
1:05.8	The one I got there last year wasn't nearly so now I did,
1:08.9	well, the 5K thing, you know?
1:11.5	I don't like the shirts that much. thing you know? Oh yeah.
1:13.0	Oh yeah.
1:14.0	This one's pretty awesome and it was a gift for a friend so I love it.
1:20.0	So yeah, so it's usually this like fantastic gathering of investors and
1:28.1	shareholders from all over the world and has been growing and growing and
1:31.5	growing every year.
1:33.2	But obviously this year, it was not canceled,
1:37.1	but the gathering part of it was canceled.
1:40.2	So they put it online and streamed it live on Yahoo Finance.
	...

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