Ep 390. The Omaha Experience: Our Take on Berkshire’s AGM
Focused Compounding
00:00
The Importance of Cap Allocation in Oil
Munger would love to own oil in the United States if the company promised not to engage in any additional cap allocation towards it. He praised my Taiwan semiconductor, talked about how good management is, but he did sell the stock. So he's just very uncomfortable with everything that's going on geopolitically.
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