Squawk Pod Reports: 2024 Berkshire Hathaway Annual Meeting Part 1 05/06/24
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 6 May 2024
⏱️ 46 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Hi, I'm C.N.C. producer Katie Kramer. We are kicking off a Squawk Pod Report special |
| 0:09.2 | series, Our Weekend with Warren Buffett. We're coming to you straight from Omaha, Nebraska |
| 0:14.2 | at the Berkshire Hathaway annual shareholders meeting. |
| 0:16.0 | Hi, Warren, you're welcome. |
| 0:19.2 | The wit and wisdom of investor Warren Buffett |
| 0:21.9 | from the Oracle himself. |
| 0:23.4 | We didn't agree with plenty of his ideas, |
| 0:25.9 | but we did agree with his values and motivation. |
| 0:29.7 | And that's a better lesson than having somebody that's reading to you from a |
| 0:34.1 | cataclysm that has got a lot of rules in it. |
| 0:37.0 | The buzziest news from the shareholder Q&A, like a bet and loss on Paramount. |
| 0:42.0 | It was 100% my decision and we sold it all and we lost quite a bit of money and that happens in this business. |
| 0:49.0 | And Berkshire's big trim to its biggest holding, Apple. |
| 0:53.0 | We have Soul shares. |
| 0:55.0 | Apple is the largest common stock holding we have now. |
| 0:59.0 | In the wake of legendary Vice Chair Charlie Munger's passing, |
| 1:02.0 | a renewed focus on succession, Berkshire, after Buffett. |
| 1:06.0 | I feel very comfortable about the fact that it will be made by a board that they've got loads of brain power. |
| 1:13.0 | Plus, who's at Omaha's biggest party, |
| 1:16.0 | Berkshire's portfolio company's starring role? |
| 1:18.0 | Don't forget your special commemorative boxes of seized candy. |
| 1:21.0 | Checking in with the leaders of seized candies, |
... |
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