Berkshire Hathaway Annual Shareholder Meetings (since 1994) 2024-Morning Session-BRK Annual Shareholders Meeting
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May 5, 2024 Explore Berkshire Hathaway's rich history, from the founding partnership of Warren Buffett and Charlie Munger to their successful investing journey. Delve into their wealth management strategies, regulatory challenges in energy, and investments in Canada. Learn about AI's impact on industries, Cyber Security Insurance, energy transition in Nevada, and battery storage challenges. Uncover the importance of succession planning, humorous anecdotes, and generous donations highlighted in this insightful podcast.
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Focus on Business Value
- Treat stocks as businesses, not market ticks.
- Ignore market timing chatter and focus on intrinsic business value.
Stocks as Businesses
- Berkshire looks at stocks as entire businesses rather than just market trades.
- This approach helps them avoid wasting time on market speculation and focus on fundamentals.
Challenges in Utility Sector
- Utility investment returns are modest but essential.
- Climate change and regulatory changes impact utilities without undermining their fundamental societal role.