Buffett Brings The Heat

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 27 February 2023

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It's not often that the CEO of Berkshire Hathaway gets spicy with his annual letter but he did this time.

(0:21) Jason Moser discusses:
- Buffett's vigorous defense of share buyback programs
- How Berkshire Hathaway's investment portfolio reflects Buffett's beliefs on share buybacks
- McDonald's expanding its test of Krispy Kreme doughnuts to 160 locations, and what it could mean for investors

(14:45) Toby Bordelon and Jose Najarro engage in a bull vs. bear debate over one of the most popular gaming apps: Roblox

On a brand-new bonus episode of the Stock Advisor Roundtable podcast, Motley Fool CEO Tom Gardner shares his 10 stocks for making money in the market! Motley Fool premium members, click here to link your Motley Fool membership to a Spotify account and begin listening to this exclusive new podcast!
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And if you're not a member, you can get a preview of the show and learn how to get access here on Spotify!
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Companies discussed: BRK.A, BRK.B, AAPL, AXP, KO, MCD, DNUT, RBLX

Host: Chris Hill
Guests: Jason Moser, Toby Bordelon, Jose Najarro
Producer: Ricky Mulvey
Engineers: Rick Engdahl, Tim Sparks

Transcript

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0:00.0	We're in Buffett brings the spice while McDonald's is cooking up something sweet.
0:09.6	Motley full of money starts now.
0:11.7	I'm Chris Hill joining me today.
0:16.3	Motley full of senior and let's chase him.
0:17.7	Moser, thanks for being here.
0:19.1	Hey, thanks for having me.
0:21.0	We are still in earning season and one additional way the Berkshire Hathaway avoids at Spotlight
0:27.1	is they put their release out after the market closes on Fridays.
0:33.4	So that happened this past Friday.
0:35.8	The fourth quarter results for Berkshire Hathaway took a back seat to Warren Buffett's annual
0:39.9	letter, the highlight of which was Buffett defending the practice of share buybacks and
0:46.6	the money quote that's making the rounds Jason is Buffett writing, when you are told
0:52.5	that all repurchases are harmful to shareholders or to the country or particularly beneficial
0:58.9	to CEOs.
1:00.7	You are listening to either an economic illiterate or a silver tongue demagogue and then he adds
1:07.6	in parentheses characters that are not mutually exclusive.
1:12.8	This is a side of Buffett.
1:15.0	We haven't seen in a while.
1:16.9	Buffett sort of, you know, he is frequently defending his investing approach and the American
1:29.0	economic system.
1:30.0	It's not often that he's taking shots at people and kind of like it.
1:36.0	Kind of like it.
	...

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