What will Warren Buffett do next (with Michael and Josh)
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 27 March 2019
⏱️ 6 minutes
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| 0:00.0 | Hi, welcome to Live from the Compound. I'm Josh Brown here with Michael Batnick. |
| 0:04.0 | There's an article today on Bloomberg opinion about Warren Buffett's next big quote-unquote |
| 0:10.4 | elephant-sized deal. Madison Square Garden. |
| 0:12.9 | All right, hold your horses. |
| 0:14.4 | We don't know who the next big elephant-sized deal will be. |
| 0:18.4 | Tara La Chappelle, the reporter, thinks that, |
| 0:20.7 | whoever it is, it might be as last last we'll get into that in a moment stick |
| 0:24.4 | around okay Mike you read the article as one of your last five free articles on |
| 0:31.4 | the Bloomberg site March March 26, time to binge. |
| 0:34.3 | You have four days left. |
| 0:35.7 | You know, does Buffett have a history of buying companies with an inverted yield curve in action? |
| 0:40.8 | Yeah, in this economy? |
| 0:42.3 | I don't know. I don't know. I don't know. Well, Warren Buffett's last deal was in 2016. He bought precision cast parts, which he had already owned stockin, and was a 30 some odd billion dollar deal which is pretty big |
| 0:56.5 | but it was not like a splashy brand name that everyone knows like it wasn't like investing in |
| 1:01.1 | Coke or by the way do you know he has 400 million shares of Coca-Cola? |
| 1:06.4 | Yeah. |
| 1:07.4 | He's like, 400 million. |
| 1:08.4 | It's a nice even round number. |
| 1:09.6 | Like literally 400 million. |
| 1:10.7 | Nice dividends. |
| 1:12.2 | You know how many people have told him to sell that over the, or have said like why own Coke? |
| 1:18.0 | And he just doesn't really care. |
... |
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