Buffett on Apple, Banks, and Value Investing

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 8 May 2023

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

When Warren Buffett speaks, investors and Wall Street tend to listen. (00:21) Jason Moser discusses: - Berkshire Hathaway's 1st-quarter results and highlights from the annual meeting - Buffett's comments about Apple and the banking industry - Charlie Munger's warning about over-diversification (9:51) In a segment that originated in the Motley Fool Live videostream, Jim Gillies shares observations from his trip to Omaha for the Berkshire Hathaway annual meeting with Nick Sciple and Deidre Woollard. The three discuss whether value investing is actually harder for Buffett and Munger than it is for average investors. Companies discussed: BRK.A, BRK.B, AAPL, TSE: HCG Host: Chris Hill Guests: Jason Moser, Nick Sciple, Jim Gillies, Deidre Woollard Producer: Ricky Mulvey Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Oh my, somewhere in middle America, we're going to get right to the heart of the matter
0:09.9	of the Berkshire Hathaway annual meeting.
0:12.5	Motley Fool Money starts now.
0:14.8	I'm Chris L. Joining me in studio Motley Fool's Senior Analyst, Jason Moser.
0:24.9	Thanks for being here.
0:25.9	Hey, thanks for having me.
0:26.9	Let's talk a little Berkshire Hathaway, shall we?
0:28.9	Sure.
0:29.9	The marathon, we're going to get to the Q&A in a second.
0:32.6	I do just want to point out, I mean, I think it's a sign of what an event the Berkshire
0:38.9	Hathaway annual meeting is and how much attention is paid to the marathon Q&A session that Buffett
0:46.2	and Charlie Munger do that we basically all just as an investing community just basically
0:53.8	missed the fact that they reported first quarter earnings.
0:56.4	That is so secondary.
0:57.4	It's just like, oh, by the way, the results are better than I expect.
1:00.6	Guyco is profitable again after a year and a half of not being profitable.
1:04.8	Berkshire Hathaway now has $130 billion in cash.
1:08.1	So that aside, they're in a good spot, Chris.
1:11.9	They're in a good spot.
1:12.9	They're in a good time.
1:13.9	Let's get to some of the highlights from the Q&A session and the thing that stood out
1:18.4	to me, both as a Berkshire Hathaway shareholder and as a shareholder of Apple is the flowers
	...

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