Australia: What Investors Need To Know
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 5 May 2015
⏱️ 17 minutes
🧾️ Download transcript
Summary
The Reserve Bank of Australia just cut interest rates to a record low as the market hits record highs. Where are the opportunities for investors? Motley Fool Australia’s Scott Phillips and Andrew Page analyze the investing landscape Down Under, and share their insights from the recent Berkshire-Hathaway annual meeting. Want even more investing insights from Australia? Check out “Take Stock”, a free weekly email, simply by going to www.fool.com.au
Transcript
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| 0:00.0 | It's Tuesday, May 5th. Welcome to Market Foolery. I'm Chris Hill. International week continues. |
| 0:07.0 | Joining me in studio today from Fool Australia, Scott Phillips, and Andrew Page. Welcome, gentlemen. |
| 0:13.4 | Thank you, Chris. |
| 0:13.8 | G'ay. |
| 0:14.8 | Gooday, gooday. |
| 0:15.0 | Here at market foolery, we spare no expense. |
| 0:17.2 | We flew you in just for this. |
| 0:19.3 | Leaving just after the typing. |
| 0:20.5 | No. |
| 0:21.7 | That's right. After this, straight to the airport. Back on the plane. |
| 0:24.8 | And 16 hours home just. Yeah exactly. No, no, of course that is not the case. |
| 0:29.2 | First of all, because we don't have any budget here at Market Fullery whatsoever but you guys were at the |
| 0:35.6 | Berkshire Hathaway meeting we'll talk about that we'll talk about the investing |
| 0:40.5 | scene in Australia but Scott let's just start with the Berkshire Hathaway |
| 0:43.4 | meeting. |
| 0:44.7 | You and Andrew were there along with other fools. |
| 0:48.7 | This was not your first time there. |
| 0:50.5 | I'm curious just from an investing standpoint what was your main |
| 0:54.1 | takeaway I know that one of the things that's getting a lot of headlines is IBM |
| 0:59.4 | which is one of Buffett's so-called Big Four and he said he's buying more or he has recently bought |
| 1:05.0 | more obviously showing his faith in IBM but what what was your investing takeaway from |
| 1:11.8 | the meeting Chris one of the really important things that Warren Buffett has talked about about |
... |
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