Shares & Derivatives
12 things I learnt from Berkshire Hathaway 2017 AGM
By 10% Per Annum  •  May 7, 2017
Just as I did last year (here), I took some time out to watch Berkshire's AGM hoping to glean some nuggets of wisdom from Warren Buffett and Charles Munger. It amazes me how Buffett and Munger are still learning and adapting their methods at the combined grand old age of around 180!
Again, those who wish to view the whole AGM can do so here.
---------------------------------------------------------
1) Driverless Automotives are a threat to Berkshire's business This is true both for Auto insurance (assuming driverless automotives are safer) and Rail operations (as driverless trucks become more cost-effective substitutes). 2) Buffett views Apple as more of a consumer product business This is as opposed to a technology firm that he feels IBM is. On a related note, he also expressed disappointment in Berkshire's investments in IBM. 3) Berkshire regrets staying away from tech firms Munger cited Google as an example, ...
...
Read the full article
By 10% Per Annum
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance