Berkshire Hathaway 2018 Annual Shareholders Meeting-logo

Berkshire Hathaway 2018 Annual Shareholders Meeting

Business & Economics Podcasts >

Yahoo Finance is thrilled to be the exclusive online host of the 2018 Berkshire Hathaway Annual Shareholders Meeting on May 5th. This year, we are bringing it to you again in podcast form. Come listen to Chairman and CEO Warren Buffett and his right-hand man Charlie Munger as they share their unscripted views on the company, the markets, the economy, and a whole lot more.

Yahoo Finance is thrilled to be the exclusive online host of the 2018 Berkshire Hathaway Annual Shareholders Meeting on May 5th. This year, we are bringing it to you again in podcast form. Come listen to Chairman and CEO Warren Buffett and his right-hand man Charlie Munger as they share their unscripted views on the company, the markets, the economy, and a whole lot more.
More Information

Location:

United States

Description:

Yahoo Finance is thrilled to be the exclusive online host of the 2018 Berkshire Hathaway Annual Shareholders Meeting on May 5th. This year, we are bringing it to you again in podcast form. Come listen to Chairman and CEO Warren Buffett and his right-hand man Charlie Munger as they share their unscripted views on the company, the markets, the economy, and a whole lot more.

Language:

English


Episodes

Berkshire Hathaway Annual Shareholders Meeting Post Show

5/7/2018
More
Yahoo Finance's Andy Serwer, Jen Rogers, Myles Udland and Julia La Roche identify highlighs from the Q&A. Ariel Capital CEO John Rogers and Nebraska Governor Pete Ricketts stop by.

Duration:00:22:35

Part 11: On gender equality in business, share buybacks and dividends, investing in China, missed opportunities, family offices and employee compensation.

5/7/2018
More
Buffett and Munger argue for advancing gender equality in corporate C-suites. They also discuss the nuances of capital allocation and the decision to buy back stock. The two explain why they don't invest in big tech companies, noting that they don't consider Apple a tech company. And they also talk about the challenges of determining employee pay.

Duration:00:30:51

Part 10: On AIG, brands and brand ecosystems, activist investing, strategic deals abroad, and the value of business school.

5/7/2018
More
Buffett discusses Berkshire's association with AIG. He also explains the intangible value offered by brands like American Express, Coca-Cola and See's Candies. He also talks about the work that comes with hostile bids and activist investing. The two explain why you don't need an expensive education to be a good investor.

Duration:00:28:12

Part 9: On corporate tax cuts, young people in a globalized world, 401k options, corporate culture, insurance float, and record-high corporate profits.

5/7/2018
More
Buffett discusses where the benefits of corporate tax cuts go. He explains the value of knowing multiple languages in the globalized world. In response to a Berkshire employees question, the two explain why some Berkshire companies have high-fee funds in their 401k plans.

Duration:00:30:24

Part 8: On capital-intensive businesses, newspapers, TTI, Phillips 66, and cryptocurrencies. Episode

5/7/2018
More
Buffett explains why Berkshire has become more open to investing in capital-intensive businesses. He discusses the challenges faced by the newspaper business and how the New York Times, Wall Street Journal and Washington Post are among the few with working business models. The two slam the mania in bitcoin and cryptocurrencies, and explain why these non-productive assets have no real value.

Duration:00:29:52

Part 7: On not investing in Microsoft, the "remarkable" US economy, reinsurance, valuing companies, Apple share buybacks, and American Express.

5/7/2018
More
Buffett discusses his relationship with Bill Gates and explains why he never invested in Microsoft. He reiterates why the U.S. economy is great, despite recent political turmoil. Munger talks about the problems with having a rigid formula in valuing companies. Buffett explains why he's okay with Apple buying back shares instead of deploying capital in some other productive way. He also discusses American Express and the landscape for payment processors.

Duration:00:29:06

Berkshire Hathaway Annual Shareholders Meeting Halftime Show

5/7/2018
More
Yahoo Finance's Andy Serwer, Jen Rogers, Myles Udland and Julia La Roche speak with Peking University's Jeffrey Towson, Berkshire director Ron Olson, veteran Wall Streeter Whitney Tilson, model Kathy Ireland, author Robert Miles, Brooks Running CEO Jim Weber, Nebraska Furniture Mart chairman Ron Blumkin, actress Glenn Close, and Aquamarine Fund CEO Guy Spier.

Duration:01:06:41

Part 6: On direct-to-consumer insurance, single-payer health care, Elon Musk and financial moats, Berkshire Hathaway Energy, real estate brokers, and Kraft Heinz.

5/7/2018
More
Buffett discusses Geico-izing small commercial insurance businesses. Munger predicts the U.S. will get single-payer health care if the Democrats take control of both houses and the White House. Buffett discusses the importance of "moats" in business. He also says Elon Musk shouldn't challenge Buffett in the candy business.

Duration:00:29:10

Part 5: On firearms, social responsibility, dividends, emerging markets, what Berkshire will look like in 50 years, bureaucracy, Duracell, and bonds.

5/7/2018
More
Buffett and Munger explain why they separate their politics from business and the challenges that come with trying to enforce such policies in business. Buffett explains why Berkshire prefers to return capital to investors in the form of buybacks instead of dividends. He explains how he would invest a billion dollars in the U.S., and why he'd be unlikely to invest it in an emerging market.

Duration:00:33:28

Part 4: On cognitive biases, health care, Ted and Todd's investments, Geico, and tariffs.

5/7/2018
More
Buffett expresses his hope to improve the U.S. health care system through Berkshire Hathaway's new partnership with Amazon and JPMorgan. He also discussed Ted Weschler and Todd Combs' investment performance. The two also discuss the consequences of tariffs and the challenges of free trade.

Duration:00:22:27

Part 3: On Wells Fargo, future deals, See's Candies, Buffalo News, and groceries business margins.

5/7/2018
More
Buffett makes the case for keeping his investment in Wells Fargo in the wake of their fraudulent accounts scandal. He also spends time discussing future deals. On business, the two discuss prices at See's Candies, the cost of ads at Buffalo News, and shrinking profit margins in the grocery business.

Duration:00:31:23

Part 2: On succession planning, Precision Castparts, US-China trade tensions, future acquisitions and cybersecurity.

5/7/2018
More
Buffett discusses how he now shares responsibilities with Ajit Jain, Greg Abel, Ted Weschler, and Todd Combs. The two also discuss the recent acquisition of Precision Castparts and other deals they're looking to do. Buffett also explains the importance of the US-China trade relationship. And he warns that cyber threats will get worse.

Duration:00:31:08

Part 1: Warren Buffett welcomes the shareholders

5/7/2018
More
Warren Buffett offers opening remarks, introduces the board, and discusses first quarter earnings. He explains how a change in accounting rules requires Berkshire Hathaway to report unrealized gains and losses in marketable securities. Buffett emphasizes focusing on the long run when investing in stocks. He uses the historical example of how stocks have significantly outperformed gold.

Duration:00:21:43

Berkshire Hathaway Annual Shareholders Meeting Preshow

5/7/2018
More
Yahoo Finance's Andy Serwer and Jen Rogers preview what Berkshire's Warren Buffett and Charlie Munger may say and describe what it's like to be at the meeting in person. The preshow includes a pre-taped conversation with Buffett.

Duration:00:39:57

Berkshire Hathaway 2018 Shareholders Meeting Trailer

4/11/2018
More
Come listen to Berkshire Hathaway Chairman & CEO Warren Buffett and his right-hand man Charlie Munger as they share their unscripted views on the company, the markets, the economy and a whole lot more.

Duration:00:01:46

Berkshire Hathaway Vice Chairman Charlie Munger speaks with Yahoo Finance Editor-in-Chief Andy Serwer

5/17/2017
More
Berkshire Hathaway Vice Chairman Charlie Munger shares his unique insights on the economy, taxes, investment opportunities and what he says is the best fix for the health care system in the U.S.

Duration:00:17:04

Berkshire Hathaway shareholder business meeting

5/8/2017
More
Berkshire Hathaway shareholders vote on key business matters.

Duration:00:44:05

Berkshire Hathaway Annual Shareholders Meeting Post Show

5/8/2017
More
Yahoo Finance's Andy Serwer and Jen Rogers talk about the Q&A. Author Roger Lowenstein tells us how Buffett has changed the way Americans think about investing. Whitney Tilson discusses his history as an investor of Berkshire Hathaway and follower of Warren Buffett and Charlie Munger.

Duration:00:18:25

Episode 10: On energy utilities, McLane, meeting memories, career advice, EBITDA, and free trade.

5/8/2017
More
Buffett thinks utilities is a decent business, but he wouldn't add it to a new portfolio of stocks. The meeting goes off the rails a bit as "iron bladders," "old corpses," and "Wilt Chamberlain" comes up. Buffett and Munger share their best career advice. On EBITDA, Buffett calls it a very misleading measure. In response to investor Whitney Tilson's question about free trade, Buffett said we need the President to explain the benefits of free trade, adding that there also need to be...

Duration:00:32:02

Episode 9: On share repurchases, accounting standards, valuation, risks to Berkshire's enterprise, specialty insurance, Puerto Rico, and medical costs.

5/8/2017
More
Buffett and Munger express their confidence in the board's decisions after they're gone. Buffett also discuses the issues with various accounting standards. Regarding valuation, Buffett says the most important thing is future interest rates (not just market cap/GDP, or CAPE). Buffett and Munger warn that it would take something really extreme to put Berkshire's enterprise at risk. On health care, Buffett characterized medical costs as the "tapeworm of American economic competitiveness."

Duration:00:34:11