What Buffett & Munger said this weekend

in LeoFinance2 years ago (edited)

AGM of Berkshire Hathaway

This weekend Buffett and Munger did another Annual General Meeting with the famous Q&A session. I read a very good thread on Twitter today with a summary of what they said which I wanted to share with you guys:

👉🏻 Summary thread - AGM Berkshire

Berkshire Stocks

The stocks of Berkshire Hathaway are meanwhile one of the best longterm investments one could have made the past decades. Only thing I don’t like and which is quite a paradox:

Although Buffett loves dividends and invests mainly in such stocks, Berkshire has not paid out a single dollar to its own shareholders. They are doing share buybacks but no cash dividends.

A bit strange, don’t you think?

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The way we're seeing the markets going right now is that Bitcoin has come down a lot. Everything is going down right now but you have shared this stock it's only going up. I also have a feeling that the company he owns is buying it himself, so it's going up.

Yay! 🤗
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