Berkshire's 2023 annual shareholder meeting: Watch the full morning session with Warren Buffett

[@Raymondjohn2]

Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...

[@hermanramos7092]

It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing....

[@Oly_laura]

i've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free...

[@martingiavarini]

@@Oly_laura Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc

[@Oly_laura]

@@martingiavarini Have you heard of‘’Catherine Morrison Evans’’ ? She gets featured regularly on CNBC. I myself use tax-deferred accounts to hold my investments. That way I avoid capital gains taxes. There are other options your advisor could brief you about....

[@martingiavarini]

@@Oly_laura Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

[@AmicusAI]

0:06 - Agenda for the event 1:18 - Introduction of Directors and key personnel 4:29 - Discussion of earnings and overall financials 7:12 - Change in business climate and expectations 9:53 - Increase in investment income 10:57 - Insurance underwriting outlook for the year 12:25 - Historical growth of earnings 13:04 - Berkshire Hathaway's net worth under GAAP accounting 14:03 - Explanation of float and its importance in insurance 15:42 - Jain's contribution to increasing float 17:04 - Update on cash and treasury bills as of March 31st and April 22:00 - Question about balancing conservatism and aggression in investments, and if emotions play a role in decisions 22:30 - Buffett admits to making bad investment decisions but not due to emotions 26:23 - Ajit talks about Geico's progress in telematics, technology challenges, and improving profitability 29:11 - Greg talks about BNSF, its efficiency, and long-term focus on delivering value and service to customers 31:48 - Buffett praises Todd Combs for his work on Geico, especially on matching rate to risk 33:02 - Buffett discusses public insurance companies and highlights the success of Berkshire Hathaway Specialty, created by Ajit and four others 36:05 - Questions about AI, Robotics, and their impact on stock markets and society 36:58 - Robotics adoption in BYD's factories in China 37:10 - Skepticism about AI hype, preference for old-fashioned intelligence 37:33 - AI's limitations, example of AI not understanding jokes 38:40 - Concerns about AI's influence and potential consequences 39:45 - Warning about brewing storm in US commercial property market 40:19 - Berkshire Hathaway's limited activity in commercial real estate 40:42 - Anticipation of significant, unpleasant consequences from hollowing out downtowns 43:33 - Thoughts on the future of value investing and adaptation for investors in a rapidly changing landscape 45:02 - Belief that opportunities for value investors will still exist due to people making mistakes 47:53 - Expectation of unpleasant episodes in a world where many smart people are trying to outsmart each other 49:37 - Update on unique transaction with AIG in 2016 and risks of banks with assets susceptible to rising interest rates 50:02: Insight on Berkshire liabilities susceptibility to duration; Berkshire doesn't have to put it into matching bonds, but a general pool of assets 51:40: Payments made have been slightly below the anticipated amount in terms of share of losses 52:54: Deal is performing well; actual payouts are 96% of projections 55:04: Berkshire has 4x more stockholder capital behind each dollar of premium volume than normal 58:02: Estate planning problem: Failure of parents to prepare the next generation for inheritance or business succession 1:02:01: Estate planning advice: Live the values you want your kids to have and make sure your will reflects that 1:05:11 - Discussion of reprehensible behavior at BNSF and other subsidiaries 1:05:25 - Breaching agreement with tribal land, looking to resolve the issue 1:06:11 - Lessons learned from the breach, respecting agreements 1:06:34 - Addressing derailment issues, working with tribes to mitigate problems 1:07:45 - Discussing the frequency of derailments and their inevitability 1:09:37 - Question on continued development of new energy and its future 1:10:27 - Challenges in building transmission and integrating renewable energy 1:12:02 - $70 billion of known projects required for energy transformation 1:14:22 - Difficulty of recreating urgency and unity seen during World War II to tackle energy challenges 1:17:56 - Question on who's behind Greg Abel and Jain in their respective roles 1:20:28 - Discusses changing managers infrequently and having the right person running the company 1:21:37 - A former Solomon Brothers employee thanks Buffett for saving the company 1:22:32 - Most important things for the US to remain strong and potential reasons for its strength being undermined 1:27:09 - Need for different solutions to address global challenges and the importance of adapting to those challenges 1:29:04 - Potential concerns after Buffett passes away, such as a corporate raider taking control of Berkshire and changing its philosophy 1:33:15 - Emphasizes the importance of Berkshire remaining a secure, well-managed company with a diverse portfolio and strong shareholder base 1:36:07 - Story about meeting Jain and how he knew he struck gold despite Jain's lack of insurance experience 1:38:27 - The importance of recognizing talent regardless of formal education 1:39:32 - Munger shares a story about finding Louis Vincenti within their companies and his remarkable retailing knowledge 1:42:09 - Ben Rosner, his strong partnership with Leo Simon, and their interesting business ventures 1:47:33 - Jain discusses the property cat business, the renewal date, and their current portfolio exposure to property catastrophe 1:51:22 - Freedom to make their own decisions without pressure from Wall Street 1:53:34 - Buffett doesn't understand the technical aspects of all businesses, he understands consumer behavior 1:55:17 - Buffett and Munger emphasize learning over time and getting wiser in making business decisions 1:59:40 - Buffett and Munger discuss their Japanese investments, building trust with Japanese companies, and potential long-term opportunities 2:06:15 - Charlie discusses the insanity of vast diversification, suggesting it's better to focus on best ideas rather than worst 2:07:51 - Attendee from Hong Kong shares his positive experience investing in Berkshire Hathaway and asks about US-China internet companies' valuation and price disparity 2:09:45 - Charlie expresses the importance of US and China getting along and promoting free trade for mutual benefit 2:11:00 - Discussion about the geopolitical balance and the need for both countries to understand the consequences of pushing each other too far 2:16:08 - Question about the selling of Taiwan semiconductor shares; Warren cites geopolitical issues and preference for US-based companies 2:18:47 - Question about the 100-year vision for Berkshire Hathaway; Warren shares his admiration for Ben Graham 2:20:46 - Success of Ben Graham's book that changed his life 2:23:00 - Munger adds half of Graham's investment returns came from investing Geico 2:26:35 - Jain about Geico's efforts to offer insurance at the point of sale with auto manufacturers 2:32:21 - Control of voting rights in Berkshire Hathaway and whether CalPERS and BlackRock will get their way with ESG 2:35:08 - Discussion about fund management fees and the behavior of certain funds 2:36:05 - Berkshire Hathaway's share buybacks and future capital allocation decisions 2:39:19 - Tom Nelson from Minnesota asks Charlie about his controversial statements on the COVID-19 vaccine 2:40:28 - Advice for Berkshire owners once others are running the company 🤓🤓

[@InvestorCenter]

Thank you!!!

[@tenzinrigsang7703]

There are special places for people like you in heaven.

[@tontj]

Thanks for writing this.

[@djramz3]

Thank you!! ❤

[@greggbonti4952]

Playback speed adjustment available in video settings. Just a reminder... Thanks for posting the timestamps!

[@michaelwiebeck3]

Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

[@Rachadrian]

Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

[@SteveEstrada-js9nu]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@CindyValenti]

I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?

[@SteveEstrada-js9nu]

I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

[@CindyValenti]

Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

[@alexanderfinlay9639]

I'm afraid of making fatal money mistake and going broke again. I'm in my 30s and I'm here for some advise

[@manylinkz.lining]

Earn more than you spend. Saves you a lot of worries

[@debrab7844]

I am 61 single no kids, I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!

[@donnaDi-p9r]

@@debrab7844 What is the name of this advlsor that grew your IRA to $2million? I could really use her services.

[@debrab7844]

@@donnaDi-p9r She's Kathleen Carole Yanelli. You could just go ahead and look her up

[@mmcewen9789]

@@debrab7844 She doesn't make fees when you take it out.

[@smsfelipe]

Imagine being 90+ and still sharp as a knife. True legends!

[@rdubb2060]

Definitely 🐐

[@cluggyahoo]

It's amazing indeed. Their peckers may have stop functioning half a century ago but their minds are sharper than most 50 year old people

[@lillilooc]

Living on the blood of infants def gets the ol' flush in the cheeks going eh

[@ayabokti161]

These men are idiots. You look up to fools.

[@josephham]

They seem to be treating people right I mean 500000 per share is incredible even Berkshire b is great these guys are honest business men

[@Matt-yz3iq]

Warren Buffet is 92 and he is running a shareholders meeting in front of a live audience without issues and is completely coherent. Just incredible.

[@barath4545]

Dietist, personal doctor(s), personal trainer, an army of assistents to outsource tasks to and a family office to handle everything and coordinate etc makes life simpler. I only know one billonaire (aged around 54-55, selfmade, been that rich since 2017), and he is barely a dollar billionaire but he lives the same type of life. The love for what they do and a ruthless outsourcing of everything else to others + razor focus on keeping his health tip top is his prime objective.

[@Matt-yz3iq]

@@barath4545 fair but I thought Warren Buffet ate McDonalds every day lol

[@EMERGENCYBROADCAST2024]

Yea not like joe biden who’s the president of the USA

[@EclipseCircle]

​@@Matt-yz3iq That's just marketing. Don't forget that Warren Buffet started out as a salesman. Same reason you see See's Candies boxes on stage with them.

[@Therevolution7]

Charlie is 99...

[@ryanarmendariz8003]

Thanks for posting the long videos in addition to the clips CNBC

[@johnben9]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[@emiliabucks33]

Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@frankbarnes22]

I agree, before the pandemic got real serious, I used to handle all my investment and I was pretty good at it, fast forward to post-pandemic and my-portfolio is steady in the red with profit rate down to the lowest, that's when I touched-base with a coach I saw featured on business week, who restructured my portfolio and over the last couple years, I've made over $850k from initially $210K

[@monicawill5]

@@frankbarnes22 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

[@monicawill5]

@@frankbarnes22 Thanks for the info. I did my own research, and your advisor looks advanced and experienced. I emailed her and scheduled a phone call. She is experience can't wait to have a chat.

[@Johnlarry12]

@@frankbarnes22 Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@KieferRomer]

There are lots of mixed opinions about stocks and their projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading, but then again what do I really know? I'm just looking for the right moves to grow and hedge my stagnant reserve of $370k from inflation.

[@ChrisHermosa8]

Strategic investment is important. My ideal investment is a varied portfolio that includes stocks, bonds, and ETFs. It gives excellent long-term return and has performed admirably thus far, with the assistance of an asset manager on the side. 10xing my portfolio in a few years does not seem too far-fetched to me.

[@KieferRomer]

Talking about coaching, do u consider anyone worthy of recommendations? I have money set aside to taste the water now that large cap stocks are at a discount... Thanks

[@ChrisHermosa8]

Yes, she's Lisa Ann Moberly; the best out there.

[@KieferRomer]

I just quickly looked her up and her credentials. She seems very knowledgeable, so I wrote to her about my financial market goals and set up a call. Many thanks.

[@lailaalfaddil7389]

The greater the passive income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off passive income since July 6, 2016. You’ve got to start taking steps to achieve your goal.

[@susannnico]

What kind of investment would you advise? And what is the best way to follow it?

[@billybrannon6394]

Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $180,000 savings to turn to dust.

[@lucasanderson8993]

Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come by

[@carter3294]

Avoid too-good-to-be-true scam schemes. Seek advice from a fiduciary counsellor they provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

[@oliviataylor4672]

Absolutely, Fiduciary-counselors have exclusive information and data paths that are not disclosed to the public.. I've made worth of $260k in raw profits from just Q3 of 2022 under the guidance of my Fiduciary-counselor “CHRISTINE ANN PODGORNY”. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

[@billybrannon6394]

.How can I count with CHRISTINE ANN PODGORNY, what are her services, is she verifiable, do you think she can help me, I live in Canada?

[@alicegomez7232]

Wow thats a huge milestone. Please how can i reckon with such skillset? i want to grow my emergency funds of approximately $57,000 advantageously

[@ervinmurray1253]

I am experiencing one of the most challenging phases of my life... Lost a fortune lnvesting in emerging companies... How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.

[@LaurenFeller-dd7uf]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@lisajenkins4793]

I'm struggling in this market. Stocks that I have held for months and made profits from are not behaving the way I'm used to so I’m quite indecisive on how to tackle this market, any advice would be grateful.

[@InvestorCenter]

Warren Buffett and Charlie munger are legends ❤️

[@thevivekmathema]

dianoroures!

[@rod910]

Keep up the good work you'll be the next legend one day I subscribed to your channel

[@InvestorCenter]

@@rod910 thank you :)

[@TheNumismatist1812]

Becky Quick does such an awesome job when covering these two. She’s magnificent. Two historic icons setting in those chairs.

[@stevend.bennett427]

Buffet is a simp for blondes with big boobs.

[@user-xv8mk2ix4o]

Rest in peace Mr Charlie Munger You will be a legend forever!

[@craftycrabhobby5457]

I love these 2 guru. they are funny, humble, and very capable. national treasure material for sure.

[@AurelioLopez173]

Oh please, how can someone get to speak with James edward

[@BuzzSargent]

Based on net worth in Berkshire world I am a nobody. However, I truly value this entire show. We can learn more in listening to Warren, and Charlie that in years at a business college. The big takeaway is integrety. Holding fast to finding a good business to own and allowing the people you purchased with that business to do their job with greater capital going forward. Thank you for allowing us regular Joes to watch this show. Lots of smart people out here, good people, but not much money people too. Happy Trails from Florida

[@SulemaTrollope]

🎉

[@johnnorwood5999]

Warren at 92 and Charlie at 99, these two nonagenarians have a combined 191 years of experience. Nothing like being a life long learner. I love the shareholder meetings for that reason alone.

[@runecape465]

Rest in piece charlie, thank you for sharing your knowledge with the world

[@Andrian-ch3on]

I genuinely mean it when I say that this economic recession has left me incredibly angry and exasperated. I have good companies bought but instead of making profits I've lost over a quarter of my portfolio since a year. I've been considering hiring a financial advisor, but I'm torn between choosing a male or female advisor. Who do you think would be more trustworthy?

[@RickMckee-nq4ni]

The 2022 stock market downturn still lingers, and with ongoing inflation and the Federal Reserve's plan to raise interest rates, the financial industry expects further fluctuations. Recent research by Wells Fargo and Vanguard shows that women tend to approach investing in a more systematic manner. They demonstrate greater patience, make fewer trades, and often achieve superior risk-adjusted returns compared to men. I love my advisor "Avery Barnes Whidden" she exemplifies this trend.

[@CurateHub]

@@RickMckee-nq4ni Out of curiosity, I looked up your advisor's name.on thee web because I'm in dare need of financial assistance. what I found about her was intriguing. I'm preparing to contac her right away to learn more about her services.

[@bobs182]

We aren't having negative GDP growth so what recession are you talking about?

[@ArthurDentZaphodBeeb]

Another scammer shilling for yet another 'advisor'. How many similar posts have you made? 10,000? 100,000? They're on every financial channel. Who's paying you for these shill posts?

[@amiry2589]

Alway a male, unless it's for cooking or cleaning then go with a female.

[@mangoeyink]

21:32 Charlie's first words... Man I love this guy! These guys! And Girls (yes you young ladies), now I shall continue

[@0xjiujitsu]

Man all CNBC had to do was make timestamps chapters for this video. They literally bring zero value these days

[@MrRaitzi]

No need. Pure gold all the way.

[@jonasscheuer7639]

just watch it whole you business-school goblin xD

[@SlParkerlee]

Every week I buy more bitcoin because i believe it would surge after the halving, but could Gold be the safest buys other than BTC & APPL in terms of growth with $150,000 to outperform the market this year?

[@Porterfield11]

Made my first large buy of bitcoin in 2022 and have literally been buying quarterly since then. This is why one must consult a true market expert before making decisions.

[@SaintYvess]

I do agree, Investing has gotten difficult especially after pandemic, hence why I decided to use the expertise of an advisor, my spouse kicked against the idea initially, but oh well guess who's best buddies with our advisor now hehehe.

[@waltzwalter]

Hello thanks for replying, I'm curious to give this a try. Please who is your advisor and how do I get in touch?

[@SaintYvess]

Melissa Jean Talingdan is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@waltzwalter]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@djamelreilly5433]

Rest in peace Charlie. you'll be missed in next years meeting.

[@alexyoung3126]

Lynch has mastered what patience looks like. He has stuck to the markets, having a long term view on the markets. This is what I'm struggling to do, trying to learn how to not react to market news about inflation and all. I have currently set aside about $253k to put in the market now that prices are down. Any ideas?

[@joesphcu8975]

It takes some gut to really remain in the market despite downturns and all. So just find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@lawerencemiller9720]

I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.

[@stephaniestella213]

This is something I've been planning to do for a while now. My portfolio has been falling, and I'm scared, but I know the market always recovers. I wonder if I've been on the right stocks. How do I get in touch with your advisor?

[@lawerencemiller9720]

I work with "Helene Claire Johnson". I understand what it's like to see your portfolio going down. I hope the performance improves.

[@stephaniestella213]

I'm grateful to stumble on this convo. out of curiosity I was able to reach her web page on google and email her. I'm hoping she will respond to me shortly.

[@mariapanayioto1733]

Mr Buffet is want to say that I have been very proud that I had the opportunity to watch the videos regarding the economy and also the financial wold And I thank you for evetything.AIso Mr Charlie and mr Gates . You are all wonderful . I thank you for your ideas .

[@mezafman]

It’s so nice to see you two always look forward to this annual meeting.

[@cristianbaranga5255]

Charlie has great sense of humor!

[@AngelicaLivingstone]

Big thank you from all of your fans! You are an awesome human been!

[@troublelessone7999]

Awesome and fascinating presentation .. I found it great to hear how coherent Mr. Buffett is. His logic and practical business savvy is something beyond incredible considering his age. He reminds me of the kind elderly gentleman in the movie "Up."

[@newtonbubber1681]

2.40.30: Becky Quick was not that Quick for her last question before lunch 😊 Buffet Rule 1: Be always ready even when you are not ready. Buffet Rule 2: If lost, follow Rule 1. What a wonderful annual meeting 2023. Always source of learning & implementing same in our every day life, whether business or personal. Wishing you good health & long life Mr. Buffet & Mr. Munger.

[@leightonschmitt9794]

I feel like Ajit speaks with much more candor than Greg. I'd like to see him more direct with both the good and the bad.

[@Locrian08]

@48:00 Yes.

[@Smiley_101]

In the past all I known is Warren buffet but not at all about Charlie … after watching him tbh , Charlie is really the man behind Warren Buffet’s successes and not much are talked about him .. the more I watched him the more I become admiring him on his work ethics n views in life . Warren indeed spot on his other half that truly his levels n better . Too bad Charlie pass away before I even get to know anything of him but I do hope his legacy lives on because the guy truly deserves it .

[@marriagepartnersministry5942]

Charlie Munger mentioned BYD co without a direct question about BYD. This shows me Charlie has been thinking alot about BYD co and what they are doing in their business. BYD a clear number two to Tesla

[@NK-mr3rh]

BYD is killing Tesla in China I believe

[@adityapatnaik7078]

it is amazing listening to these two people. His thoughts on life and timeless wisdom is so rare in todays world and ago. It would do enormous good to manking if people spend some time listening to these investing legends than watching celebrity flaunt their bodies. I dont understand how people waste time listening to useless stuff . it really makes me very sad and sometimes i feel it is not viable to do what we can.

[@ruohanSun]

I totally agree

[@MC-hj5du]

The 24’ annual meeting is going to feel odd without Charlie and his wise cracks.

[@johnnymartinARTIST]

these meetings are over...no one is going to even CROSS THE STREET to listen to a railroad expert and an insurance salesman from India. Warren loves these guys...(he also loved Dexter shoe)

[@maalikserebryakov]

The End of Berkshire hathaway Annual meetings Pajit Jain will be standing in front of an empty hall of chairs fantasising about commanding 1% of the wit in Munger’s finger

[@viniciusduarte3567]

R.I.P Mr. Charlie, thanks for sharing your knowledge with us

[@rod910]

Following these two professionals has changed my life for the better in more ways than one

[@ErdemGuldehen]

Right? I’m sticking with 4rabit till June 29, hoping to score big. Yesterday’s match was epic!

[@Abbysteel3456]

Good Morning everyone sending love and light 💕

[@EdesioRahman]

YOUR STRATEGIES ARE SIMPLY AMAZING! I'VE TRIED SO MANY DIFFERENT APPROACHES TO BINARY OPTIONS OVER THE YEARS, BUT NOTHING HAS WORKED AS WELL AS YOUR METHODS. THANK YOU FOR SHARING YOUR KNOWLEDGE AND EXPERTISE WITH US - YOU'RE TRULY MAKING A DIFFERENCE IN THE LIVES OF SO MANY TRADERS.

[@jimmy_jinglv]

[BibiGPT] AI Summary Video: 2023 Berkshire Hathaway Annual Shareholders Meeting: Buffett & Munger Annual Speech (2.7 hours full version) 【Video Summary】2023 Berkshire AGM. Buffett and Munger give their annual speech, answering questions from shareholders and talking about the stock market, real estate, raw materials, technology and politics. 0:00 - 🎤Berkshire Hathaway Shareholders Meeting begins, Buffett, Munger, and the team attend 1:08 - 🤵Festival celebration featuring British King Charles, now we have the King of Berkshire, Charles 2:01 - 🏦Ajit Jain, responsible for insurance, is introduced 2:25 - 👥Introducing all attending directors 6:42 - 💰Berkshire has been associated with Burlington Northern Railway since after World War II 14:09 - 💸Berkshire has more shares than any other company 19:01 - 🗳Buffett and the board have had voting mishaps 21:50 - 📈Business is complex, Berkshire's performance is difficult to replicate 51:08 - 🏆Unique and sustainable insurance business model for Berkshire 1:10:19 - 📈Primary mission is to create economic benefits for shareholders 1:11:13 - 🇨🇳Balancing relations when dealing with China is important 2:06:28 - 📜CEOs are reminded to be prudent: adhere to values and avoid excessive diversification 2:27:06 - 🚘Underwriting is one of the biggest opportunities in the insurance industry in the future 2:43:36 - 💼Until shareholders elect a CEO candidate, Berkshire's management team needs to continue leading and operating 2:44:23 - Shareholders meeting concludes, with 25 questions answered and 35 questions remaining unanswered #BibiGPT aitodo.co @Jimmy_JingLv AI automatically summarizes video and audio content, ChatGPT intelligently extracts and summarizes subtitles

[@johnnorwood5999]

Here's a favorite nugget: Warren: Investment opportunities lie in the fact the "world is overwhelmingly short-term focused." Min. 48.28.

[@anjushah4223]

0:52 the joke by warren was really awesome...❤❤❤❤❤❤😂😂😂😂😂

[@brianwhitehawker1756]

lnvesting in the stock market has historically provided higher returns than other forms of investment with the average annual return for the S&P 500 index, being approximately 10% over the past 3 decades. I've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains.

[@codeblue11]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@SchonTennis]

Love these guys. Charlie I will miss you.

[@inad37]

Dear Charles. I wish there were more people like you. I wish I was more like you (that s actually the first time I said that to someone in my entire life). You actually do something to try to better the world. I believe that. Have a wonderful day.

[@thomaschang3042]

Charlie rest in peace

[@topdecile]

I wish someone would ask if the BRK cash hoard is earmarked to buy back Warren and Charlie's stakes after they pass?

[@ChristopherAbelman]

I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@dannywcctp]

Thank you.

[@mariapanayioto1733]

I would like to say that admire the above people . For being so much simple and having A good heart And so much simplicity .ofthe above video. I want to thank mr Buffet for his precious ideas and I admire also his Economy way that I would like to follow. And I want to say that they are wonderful people And I m enjoying their video talking . Their simplicity their beautiful character is very rare And I m very proud of being able to live A massage to them

[@gladymirhyodo7076]

hellow warren buffet iam reading your books about how to build the businese is very interested,but i ask something question about stock market up doun the rate,this is the best for passive sourece of income,is better to real state property,anyway thank you so much warren@

[@maalikserebryakov]

High IQ Indian moment

[@maalikserebryakov]

Warren buffett has never authored a book; and if he did he definitely wouldn’t author one on Entrepreneurship and Real Estate. Two things he has never done -_-s

[@royharrington8482]

Excellent meeting ; well co ordinated . Trust that the company goes from strength to strength . All the best to Warren Buffett and Charlie Munger and may they enjoy good health

[@josephvogel684]

Svb deposits should have been covered oner it "insured" $250,000 amount. Can I get paid over the insured amount at GEICO

[@ThomasinaAdams27]

They are not old just fine vintage and sharp. Thank you, Mr. Buffet for all of the many free videos teaching valuable principals and concepts for investing and breaking the figures down making it easy to grasp and gain a great understanding about wealth and how to build wealth. You are never too old to learn with the right mindset.👏👏👏💞💞💞

[@Historyteacheraz]

Thank you Charlie for your wisdom. You inspired me to write A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger.

[@L探员]

Thank you for this great opportunity to change my life! you the great human been

[@bertschlemmer4435]

Idea: are there trades that could be placed that would hedge against the chance of profit precentage. If strategy is 57% chance of profit, what trade could cover the 43% side, if that makes sense.? ✌️

[@OOCASHFLOW]

Anybody know which video has the rest of it?

[@LionelColeCole]

What a great intro. What an inspiring duo. These guys are made different.

[@Abbysteel3456]

Good Morning Mr Buffett & Charlie Munger!❤❤❤🎉

[@barath4545]

Would love to have asked if Charlie regrets his massive investment loss on Alibaba - That didn't really pay off - Time will tell if he was right to get out of it and sell it off.

[@ambition112]

0:51: 📊 Berkshire Hathaway reported operating earnings of over $8 billion in the first quarter, with expectations of increased investment income and improved insurance underwriting for the year. 17:48: 📊 Berkshire Hathaway's cash and treasury bills increased by around $6-7 billion, and the number of shares outstanding decreased every year. 33:45: 📈 Value investors may face challenges in the future due to increased competition, but opportunities still exist in the market. 48:23: 🏈 Warren Buffett and Charlie Munger discuss various topics including investor relations, the AIG transaction, and estate planning. 1:01:45: 🚂 Warren Buffett and Greg Abel discuss issues related to Norfolk Southern's train derailment, BNSF's conduct, and the development of new energy. 1:14:49: 💰 Warren Buffett discusses the challenges of coordinating resources in peacetime and the future leaders of Berkshire Hathaway. 1:36:07: 📚 Warren Buffett and Charlie Munger discuss their confidence in the future of Berkshire Hathaway and share stories about key leaders within the company. 1:51:27: 👥 Warren Buffett and Charlie Munger discuss various topics including their investment strategy, reinsurance business, and the importance of learning from past experiences. 2:09:26: 🌐 The tension between the US and China is unnecessary and both countries should focus on free trade and cooperation. 2:26:43: 🚗 Geico is exploring the possibility of offering insurance at the point of sale for electric vehicles, but there are challenges in collecting driver data. 2:36:00: 👨‍💼 Warren Buffett expresses confidence in Greg Abel as his successor and discusses the importance of capital allocation decisions 2:42:46: 📊 Assessing the management of a business is difficult and depends on the nature of the business and its needs. Recap by Tammy AI

[@barbarosozturk]

What a great intro. What an inspiring duo. These guys are made different.

[@yukiyau_ngalai]

Really so grateful that Buffett reveals inspiring business calculation and amazing long list of lessons, you help me raise life value, get good results and earn money ❤😊🙏🏾

[@yukiyau_ngalai]

Thank you so much for supporting mom and yuki, we have the same goals ❤❤😊😊

[@milosnestorovic1594]

Realistic and correct story,idea,strategy,policy, but very Well-Known and has been Around for more than Forty years....Are there new ideas,strategies today,and is it even POSSIBLE for them exist, given the circumstances and REALITY TODAY?

[@anjelikaegorova2463]

What a motivator you are... After your videos I start to make my month payment just for a week!!!))🕶

[@paperinvesting]

I want you to enjoy this shareholders meeting even more and so please increase the playback to 1.25 -- Thank you

[@Bronceado7184]

I feel proud to become an Investor while these two legends are still alive

[@vdiitd]

Imagine being this old and still remain sharp. Not sure how many of us will be like that if at all we grow that old.

[@ruohanSun]

Maybe we won't live to that age lol

[@KendaDebray]

I love you ️️️ Thank you for the videos

[@MarcCareyBooks]

Thank you for the video.

[@arigutman]

Loved watching every minute of these 2 investment sages share their insights. More investors should be watching this and learning from those who have come before all of us who keep it simple and have profited exponentially!

[@adrianlim9289]

Bn

[@compounding-capital]

So funny seeing you here😉

[@markusdierker4495]

Go Warren, go Charlie!

[@davidmcintyre7908]

In terms of there having 'never been a book that has consistently sold like it', someone please tell him about the Bible...

[@aland.549]

I like the part when Peter Flaherty called them out on the evil they do and was silenced and taken out by police

[@union310]

God bless Charlie, rest in peace

[@ideaCorp]

Thanks 🙏

[@superblondeDotOrg]

Apparently they should fire the audio engineer for creating a microphone-feedback situation repeatedly.. yikes, this is basic stuff folks .. get it right !

[@Raymondcraw1967RaymondCrawley]

The average stock in my portfolio has been cut in half, and the only way to make money this year has been to either short or to trade long in very short time frames. I'm still at a crossroads deciding if to liquidate my dipping $117k stock portfolio, what’s the best way to take advantage of this market?

[@FaithAndrada-xo9ou]

It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor.

[@OnyedikachiKing-bk6od]

I agree, having a financial - advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with advisor. In a nutshell, i've accrued over $550k with the help of my advisor from an initial $120k investment thus far.

[@GertrudeElliott-p5l]

Just the best blogger in trading and investments🐺

[@Smiley_101]

I too in a heart beat would grab someone like Charlie and make him my winged man because the guy can def turn anythings into gold mines .. I see so many things in Charlie make me speechless the more I watched him . The guy is soo beyond good ❤

[@jun9098]

Thx CNBC

[@edgar6458]

I like that more mainstream news sources are covering Palentir, but its extremely obvious they dont understand the company

[@r10651]

3:09:40 Charlie : "There has been some tension of economic relationship of the United States and China. I think that tension has been wrongly created on both sides. I think we are equally guilty of being stupid. There's one thing we should do is get along with China. And we should have a lot of free trade with China, in our mutual interest. And I just can not imagine, it's just so obvious, there's so much safety and so much creativity that's possible....."

[@mariapanayioto1733]

I would like to wish you MERRY Christmas. And I thank you .

[@hurleypiano3953]

Great acoustics.

[@filipepina1193]

Infelizmente, esta imagem não se irá repetir. RIP C.M.

[@Jupiter1423]

Warren must be feeling real weird not having Charlie around anymore

[@maalikserebryakov]

Of course: Losing a close friend is worse than losing family imo.

[@djwillgabrielsen]

Everyone in the lofi community they are so kind and they send warm messages

[@Commando303X]

1:19:37: I love that, at this point, Charlie Munger has decided to just take a nap.

[@DiceDecides]

that's so funny, and he gave a decent answer too... I mean man's 100 in 2 months

[@hartfordclub]

Rest in peace Mr. Munger we are fortunate to have him these decades

[@bradleyhasse5220]

Charles Munger is a real OG

[@ryanwilliams989]

Didn't Charlie Munger and Warren Buffett invent the strategy of buying/investing when the market is low and also buying/investing when the market is high? As Warren Buffet said, he has seen this happen many times in his life. Not an investor. My wife and i never earned more than a middle class salary. We plan to get retired at 58 with a stock portfolio worth $4M. We have never sold so much as one share of stock...

[@BiancaSherly-qt6sb]

It really isn’t about how much you save, it’s about how you manage your money. Whether you work to earn income or invest, it still boils down to income vs expenses, so yeah you may look into financial advisors for a strategy that suits your timing....

[@maryHenokNft]

i've been doing this same thing myself. Can't get into trouble with the IRS when I have no income and all my money is in stocks. I don't like doing the work though. Lol. So I just invest through an advisor who does the stock picking. My money grows, and I'm tax-free...

[@maggysterling33254]

@@maryHenokNft Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?

[@maryHenokNft]

Wright promptly do a web check where you can connect with her *Gertrude Margaret Quinto* and do your research with her full names mentioned..

[@StellaMaris-lv2uq]

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

[@foxmegamaster6403]

With this amount of money, they didn't lose their human nature. While others try to pursue youth and power through plastic operations, experimental treatment, they just live their lives happily and get ready to face death without fear, as equals...

[@Samlowkiapeng1888]

Brother i am still watching the 2022 AGM this is too fast