TIP297: THE 2020 BERKSHIRE HATHAWAY SHAREHOLDER’S MEETING
W/ PRESTON AND STIG (PART 1)
17 May 2020
On today’s show, Preston and Stig cover the Berkshire Hathaway Shareholders Meeting for 2020 (Part 1).
IN THIS EPISODE, YOU’LL LEARN:
- Why did Warren Buffett sell his airline stocks?
- Whether Warren Buffett recommends that retail investors buy stocks now?
- Why Berkshire Hathaway hasn’t acted more in the financial markets during the corona crisis so far
- How does Warren Buffett allocate capital across Berkshire Hathaway
- Ask The Investors: What does “cash is trash” mean?
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors may occur and slightly wrong time stamps dependent on which device you’re using may occur.
Preston Pysh 00:02
Hey, everyone! Welcome to our show! Every year, Stig and I do a roll-up of the best questions and answers that Warren Buffett has from the Berkshire Hathaway shareholders’ meeting. We thoroughly enjoy doing these episodes, and this year was no different. I think we cover a whole lot of different topics, and without further delay, here’s our first part episode of The Berkshire Hathaway shareholders’ meeting.
Intro 00:26
You are listening to The Investor’s Podcast, where we study the financial markets, and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 00:47
Hey, everyone! Welcome to The Investor’s Podcast. I’m your host, Preston Pysh, and, as always, I’m accompanied by Stig Brodersen. We really like doing this episode. We’ve been doing this since the inception of our show. We pick out some of the best questions and answers that we see from the Berkshire Hathaway shareholders’ meeting, then we play them here on the show, and we have a little discussion after each one of them.
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BOOKS AND RESOURCES
- Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.
- Preston and Stig’s interview with Jeff Booth about inflation and deflation.
- Peter Diamandis and Steven Kotler’s book, The Future Is Faster Than You Think.
- Interview with Ray Dalio where he says that, “cash is trash”.
- Preston’s tweet about the Cantillon Effect .
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