Morning Brew Daily Berkshire Dumps More Apple Stock & Boeing’s Costly Space Test
May 6, 2024
Berkshire Hathaway continues to sell off Apple stock, boosting its cash reserves. Boeing gears up for a pivotal space test, sending its first astronaut team into orbit. Antitrust arguments against Google loom large, with potential industry-wide ramifications. Music diss tracks heat up as Kendrick Lamar and Drake face off in a streaming showdown. Meanwhile, retro gaming sees a resurgence as Apple grapples with emulators climbing the app charts. There's excitement building for the upcoming Met Gala, alongside concerns over Apple's iPad sales.
AI Snips
Chapters
Transcript
Episode notes
Gravel Race
- Toby Howell attempted a 48-mile gravel bike race but had to DNF after 26 miles.
- He got a ride back from a retired petroleum engineer and learned about refineries.
Somber Meeting
- Berkshire Hathaway's annual meeting was more somber due to Charlie Munger's absence.
- Warren Buffett even mistakenly addressed a question to Munger out of habit.
Succession Plans
- Succession plans at Berkshire Hathaway are crucial given the company's close association with Buffett and Munger.
- Shareholders seem confident in the abilities of successors Greg Abel and Ajit Jain.