Financials: What We Learned From Berkshire Hathaway's Annual Meeting
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 4 May 2020
⏱️ 28 minutes
🧾️ Download transcript
Summary
Warren Buffett and Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) Vice Chairman Greg Abel held the company's first-ever virtual annual meeting on Saturday, and we also got a look at Berkshire's first quarter earnings report. In this episode of Industry Focus, host Jason Moser and Fool.com contributor Matt Frankel, CFP discuss the key takeaways from the meeting and earnings, and give their take on Buffett's decision to sell all of Berkshire's airline stocks. Then, Frankel discusses why he's got his eye on Southwest Airlines (NYSE: LUV) despite Buffett's airline sales and Moser talks about why he's watching PayPal (NASDAQ: PYPL) ahead of the company's earnings report.
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| 0:00.0 | This episode of Industry Focus is brought to you by TD Ameritrade. |
| 0:03.2 | Everything's customizable these days. Your trading platform can be too. |
| 0:07.2 | With think or swim, you can customize screeners, charting, and stock forecasts so the market is always tailored to you. |
| 0:14.0 | You can get started at TD Ameritrade.com slash think or swim. Welcome to Industry Focus. |
| 0:25.0 | The Podcast that dives into a different sector of the stock market each day. |
| 0:30.0 | I'm your host Emily Flippin. |
| 0:31.0 | I'm Jason Moser. |
| 0:32.0 | I'm Nick Seibel. I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Saipoll. I'm Dylan Lewis. |
| 0:34.4 | And today we're talking financials. Today we're talking consumer goods. |
| 0:37.8 | Wild-Curt! Wednesday. And we're talking energy. And today we're talking tech. |
| 0:44.0 | Let's dive in. It's Monday, May 4th. |
| 0:47.0 | I'm your host Jason Moser and on today's financial show |
| 0:50.0 | we're digging into this past weekend's installment of the Berkshire Hathaway annual meeting. |
| 0:55.3 | Of course we've got a couple of stocks we're watching this coming week. |
| 0:58.7 | Joining me as always, it's certified financial planner Berkshire Hathaway meeting |
| 1:06.4 | Know It All, I guess I could say. |
| 1:07.9 | Matt Frankle, Matt, what's going on? |
| 1:09.9 | Not much. |
| 1:10.9 | I was supposed to be in Omaha this past weekend, but we all know what happened with that. |
| 1:15.0 | I did order some of the cool, I ordered some of the meeting like Chachikis that they normally sell there, so |
| 1:20.8 | I always kind of, I at least feel like I've've like a pair of socks with Buffett's face on him and stuff like that. |
| 1:25.7 | So I at least feel like I was there. |
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