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MarketFoolery

Mr. Buffett’s Letter

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 29 February 2016

⏱️ 18 minutes

🧾️ Download transcript

Summary

Chief Investment Officer Andy Cross analyzes Warren Buffett’s annual letter to shareholders, the “Big Four” holdings and whether shares of Berkshire-Hathaway are attractive.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Monday, February 29th.

0:03.8

Welcome to Market Foolery.

0:05.2

I'm Chris Hill.

0:05.8

Joining me in studio today,

0:07.5

Chief Investment Officer here at the Motley Fool, Andy Cross.

0:10.1

Happy Leap Year.

0:11.6

Chris, happy leap year. This, I think this is the first episode we've done on Leap Year.

0:18.0

Do you feel younger or older because of Leap Year?

0:20.0

How does that work?

0:22.0

I don't know. I don't know. I just feel old in general. Yeah exactly

0:26.2

first thing in the morning. First thing in the morning always feel a little bit old.

0:30.3

One of my aunts is a leap year baby so I'd like to wish a happy 84th

0:36.5

birthday to my Aunt Sheila who is in no way listening to this although you

0:41.6

know if you go strictly by the leap

0:43.3

your calendar she's 21 today that's fantastic so I'm glad she young at heart I love

0:47.8

that she celebrated her birthday on like March 1st like what what happened how

0:52.2

did that work typically she goes 28th as I understand it from

0:55.8

the few people I've encountered in my lifetime you you bump it up a day you go

0:59.1

you go you go February 28th as opposed to March 1st. Okay.

1:03.0

Warren Buffett every year issues his annual letter to shareholders and that's what we're going to talk

1:09.9

about today because when I woke up Saturday morning I reached for my phone and

1:17.2

looked at Twitter which is typically the first thing I look at on my phone in the

...

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