Apple is slowly but surely diversifying their supply chain away from China and more towards India. It's about $6 billion that they're bringing in from India versus something like some crazy number from China. And when you then further look into that and you see that Indian consumers are becoming more and more willing to pay higher prices, well, that plays right in Apple's wheelhouse as well.
When Warren Buffett speaks, investors and Wall Street tend to listen.
(00:21) Jason Moser discusses: - Berkshire Hathaway's 1st-quarter results and highlights from the annual meeting - Buffett's comments about Apple and the banking industry - Charlie Munger's warning about over-diversification
(9:51) In a segment that originated in the Motley Fool Live videostream, Jim Gillies shares observations from his trip to Omaha for the Berkshire Hathaway annual meeting with Nick Sciple and Deidre Woollard. The three discuss whether value investing is actually harder for Buffett and Munger than it is for average investors.
Companies discussed: BRK.A, BRK.B, AAPL, TSE: HCG
Host: Chris Hill Guests: Jason Moser, Nick Sciple, Jim Gillies, Deidre Woollard Producer: Ricky Mulvey Engineers: Dan Boyd
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