One of best parts of the meeting: 1:29:44 "What you should probably ask yourself is 'Who do you feel you want to start spending the last day of your life with?' and figure how to start meeting with them tomorrow and meet them as often as you can because 'Why wait until the last day?'" 2:22:33 Cash continues to accumulate: "We only swing at pitches we like." 3:04:52 Greg Abel's future role in capital allocation decisions 3:14:35 Criteria used to evaluate IT distribution businesses (Tech Data) 3:21:55 Stock market valuation: 2024 vs 1999 tech bubble 3:26:26 Reasons for exiting positions (instead of holding forever with stocks like AmEx and Coca-Cola); interesting comment about Apple investment after many years studying consumer behavior 3:30:10 (apperceptive mass) 3:39:50 BNSF declining profit margins
Innovation And Strike For Succeed Has Been Driven Mr. Warren Buffett Who He Is Today. A Positive Thinker With Market Weight Can Bring Greater Results. Sincerely ❤️❤️❤️, KNT.
"The government doesn't own the assets but they own the earnings (through taxation)" - He's right and at 21% currently, 52% in the past as he said around 24:10 or so. He might be talking slower nowadays but his mind is still very sharp, play at 1.75x speed and you'll see. Will the top 800 corporations volunteer to do the good he suggests and was applauded for? I doubt it. Great man!
I was impressed by how his position has remained fluid ever since he's been investing, and yet he still remains in the game. I've been following Buffett since 2019, and I've learnt so much from his personal investment style to earn myself five figures monthly in dividend income.
I was really moved when he unknowingly mentioned Charlie Munger. Their relationship was very deep. I've been following them both too, and they've really changed my investment philosophy and who I should invest with.
My favorites by far are value investing and staying within your circle of competence or investing with someone who is competent. I'm a psychologist, so investing is not my competence, but I identify the best investors. The one I've worked with for the past couple years have made me more than $400k in net return.
I'm hesitant to make recommendations like this online so I can't drop her contact here, but you could look her up yourself and contact her if you wish. Her name is Sharon Lynne Hart.
Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA.
I bought into NVIDIA around September because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my green market return last year.
That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see.
2:44:04 I think Carol Loomis rocks! I'm super touched by Warren's tribute to Carol (on top of Charlie's of course) and rewatching it again! P.S. BTW, I #LOVE Carol's book Tap Dancing to Work: Warren Buffett on Practically Everything a ton and recommend it to everyone who wants to learn more from Warren including some less well known stories and insights! Get a copy or borrow from library! P.P.S. I just took out a physical Thank You/Birthday card and going to write and mail it to Carol to celebrate her 95th Birthday on June 25th, 2024! We BRK shareholders have lots to thank Carol for! And did I say Carol rock already?! Yes, Carol rocks! :)
This is why you open a bank account with RBC when you want to invest. They have been around forever..I invested my cpp with Berkshire.. so happy I did..thank you Mr Buffett I know it's in safe hands. Your team is so big im sure they appreciated every moment.❤
I wonder if / when Warren finally passes on will the Berkshire Annual meeting be as large a production and will the Q/A session be as long without the Warren's storires, anecdotes, insights and history lessons. Greg and Ajit are great people but they don't have the same jovial rolling back and forth Warren and Charlie had. I suspect the Annual meeting will probably be a few hours shorter.
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.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
i am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again
Mr Buffett can you take an umbrella 🌂 and add to the end a piece that you can put on and take off that you can use for a table as well? So many beautiful people !❤❤❤ my friend Nicole is an event planner, so smart, kind, and helpful to everyone! ❤
It amazes me how someone is so knowledgeable about literally anything you can ask about. The amount of information he can retain and process is simply incredible
I really believe that in these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Could agree more with ya Mr. Buffet. I would slightly have even more diverse capital allocation. I wouldnt shy away from accessing capital gains locked in Apple for a more robust capital allocation and trying new investment strategies in tbis economy if the ROR differential over time is looking attractive in 5-10 year. Thats a strategy play with a profit margin and value creation.
I would give Warren Buffet and the rest of my friends a whole state of corn imports and a 20lbs weight cut… like I can prolly do a few states near Area 51…
Hey you KING, nobody cares about what I am saying or doing anymore. No problem! Assume my SNAP benefits are not TOO MUCH to ask. It is not like I am asking for money.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor he
1) Buffett himself said that people should keep it easy and invest in index funds 2) Buffett himself said that Berkshire's unlikely to replicate past performance 3) Berkshire outperformed SP500 over the last 5 years (91 vs 78% increase). It did not outperform the likes of VOO though. 4) If I look at the float/equity/cash of Berkshire is way cheaper than SP500, it's not even close. As an investor I feel very positive about Berkshire 5) Berkshire's much less likely to suffer in bad periods as an index fund. May not grow as fast at times? Possible. Hard to say.
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they
Its not the same without Charlie's snacking
True, Ruhe in Frieden mein Bester! :)
One of best parts of the meeting: 1:29:44 "What you should probably ask yourself is 'Who do you feel you want to start spending the last day of your life with?' and figure how to start meeting with them tomorrow and meet them as often as you can because 'Why wait until the last day?'"
2:22:33 Cash continues to accumulate: "We only swing at pitches we like."
3:04:52 Greg Abel's future role in capital allocation decisions
3:14:35 Criteria used to evaluate IT distribution businesses (Tech Data)
3:21:55 Stock market valuation: 2024 vs 1999 tech bubble
3:26:26 Reasons for exiting positions (instead of holding forever with stocks like AmEx and Coca-Cola); interesting comment about Apple investment after many years studying consumer behavior 3:30:10 (apperceptive mass)
3:39:50 BNSF declining profit margins
Thank you
Thank you
Charlie is sitting right there, now in his spirit body, he is there with you Warren.
I am sure of that
Crazy how someone who is 100 years old still so sharp
I hope he makes it to that age.
Innovation And Strike For Succeed Has Been Driven Mr. Warren Buffett Who He Is Today. A Positive Thinker With Market Weight Can Bring Greater Results. Sincerely ❤️❤️❤️, KNT.
drinking coca cola is the formula...
@@hopemeng7263 Drinking Coke is the secret to kidney stones lol
"The government doesn't own the assets but they own the earnings (through taxation)" - He's right and at 21% currently, 52% in the past as he said around 24:10 or so. He might be talking slower nowadays but his mind is still very sharp, play at 1.75x speed and you'll see. Will the top 800 corporations volunteer to do the good he suggests and was applauded for? I doubt it. Great man!
when I saw that during the live event I was shocked...good on Warren, it is a shame no other Fortune 500 companies will do the same.
I was impressed by how his position has remained fluid ever since he's been investing, and yet he still remains in the game. I've been following Buffett since 2019, and I've learnt so much from his personal investment style to earn myself five figures monthly in dividend income.
I was really moved when he unknowingly mentioned Charlie Munger. Their relationship was very deep. I've been following them both too, and they've really changed my investment philosophy and who I should invest with.
Mind sharing some of the philosophies you find most interesting?
My favorites by far are value investing and staying within your circle of competence or investing with someone who is competent. I'm a psychologist, so investing is not my competence, but I identify the best investors. The one I've worked with for the past couple years have made me more than $400k in net return.
Can I ask who you work with currently, if that's okay by you?
I'm hesitant to make recommendations like this online so I can't drop her contact here, but you could look her up yourself and contact her if you wish. Her name is Sharon Lynne Hart.
Everyone has been preaching "buy now, stocks are at a discount" but I've been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months, what am i doing wrong?
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Charlie made it to 99.9...
Low key kind of heart breaking without his lifetime best friend😢
Why I prefer NVIDIA is that they are better placed to maintain long term growth potential, and provide a platform for other AI companies. I know someone who has made more than 200% from NVIDIA.
I bought into NVIDIA around September because my financial advisor recommended it to me. She said the company is selling shovels in a gold rush. It accounted for almost 80% of my green market return last year.
That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see.
One of my goals is to employ the service of one this year. Could you recommend who it is you work with?
Sharon Lee Peoples is my licensed manager. Search the name. and you’d find necessary details to work with to set up an appointment.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
2:44:04 I think Carol Loomis rocks! I'm super touched by Warren's tribute to Carol (on top of Charlie's of course) and rewatching it again! P.S. BTW, I #LOVE Carol's book Tap Dancing to Work: Warren Buffett on Practically Everything a ton and recommend it to everyone who wants to learn more from Warren including some less well known stories and insights! Get a copy or borrow from library! P.P.S. I just took out a physical Thank You/Birthday card and going to write and mail it to Carol to celebrate her 95th Birthday on June 25th, 2024! We BRK shareholders have lots to thank Carol for! And did I say Carol rock already?! Yes, Carol rocks! :)
1:46:34 life advice
3:53:16 invest small amount
What Ruth Gottesman did moved me to tears - I am astonished about my feelings.
This is why you open a bank account with RBC when you want to invest. They have been around forever..I invested my cpp with Berkshire.. so happy I did..thank you Mr Buffett I know it's in safe hands. Your team is so big im sure they appreciated every moment.❤
A lot of things Buffett said he and Munger missed, in fact, what they "missed" can be understood only with a hindsight.
He missed Walmart with foresight. He was trying to buy it at pennies cheaper and never pulled the trigger.
@@snwbm Well, did you hear him saying that he would never make the offer twice?
Thank you Warren for all the knowledge and integrity.❤❤
Charlie and his peanut brittles will be missed 😢
Watching this at half the speed so I can remember this beautiful part of our country ever more carefully…
The tribute film had me in tears 😭
What is it called?
Thank you so much for the content
all those decades with charlie....jeez...these meetings kinda hit diff now without charlies interrupting gems! rip charlie
I wonder if / when Warren finally passes on will the Berkshire Annual meeting be as large a production and will the Q/A session be as long without the Warren's storires, anecdotes, insights and history lessons. Greg and Ajit are great people but they don't have the same jovial rolling back and forth Warren and Charlie had. I suspect the Annual meeting will probably be a few hours shorter.
4hrs will listen to it thks❤❤🎉🎉
There's going to be a peanut brittle overstock without Charlie
Miss Charlie. Thank you for everything!
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.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
Several individuals minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
i am going to look her up, I have about $81k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again
Breaks my heart to not have Charlie there.
US need more people like that
Mr Buffett can you take an umbrella 🌂 and add to the end a piece that you can put on and take off that you can use for a table as well? So many beautiful people !❤❤❤ my friend Nicole is an event planner, so smart, kind, and helpful to everyone! ❤
Thankyou Warren, Loved every bit of advice , wisdom .. you are truly, a genuine giver . God bless ❤you
Fantastic! Thank you, Warren 👏 👏 👏
Playback speed at 1.25 to 1.75 is the way to watch the entirety of this.
You’re the GOAT
He never changes even @ 93yo
Great, but miss Charlie 😭
Greg seems super efficient & productive from warren's words
38:58 charlie😢
What lovely tribute tho Charlie
I noticed Berkshire Hathaway doesn't slam bitcoin any longer
High distinction for J. Powell 👍
It amazes me how someone is so knowledgeable about literally anything you can ask about. The amount of information he can retain and process is simply incredible
he reads non stop
@@jso19801980cope
Hus brain is just built different
Ur clesrly a bit dumb if u think reading nonstop is the reason
I really believe that in these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
You are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Very True.,I am very familiar with that understanding.
@@pentagon1985That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
Rebecca Lynne Buie is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
18:06 first question
1:30:35 bb
Good to see you are well
Thank you!
Insane how alert he is at 94yo
While drinking Coca Cola
I miss Charlie snacking on peanut brittle for 4 hours.
Legend!
Gem 1:22:45
my heart broke at 39:00 T.T
Ajeet is world class
Warren, I got it. See you soon.
Mr Jain has a lot of depth.No wonder he has the position he has.
So what does it mean if debt to gdp is -500% we make things or live about 500 times badly or wasted❤❤🎉🎉
38:57 😢😢😢
Man it’s hard to see him not being on his chair one day life is sad
There are certain laws of the nature that you have to work with. - Warren Buffett
Only Warren Buffet could have a shareholder meeting looking like a rock concert.
47:03 interesting
i would love to work for/with any of the "next generation" Berkshire managers. question at 2:05:00 is crazy :O
1:23:01
Us investors get richer every year!
Legend
Could agree more with ya Mr. Buffet. I would slightly have even more diverse capital allocation. I wouldnt shy away from accessing capital gains locked in Apple for a more robust capital allocation and trying new investment strategies in tbis economy if the ROR differential over time is looking attractive in 5-10 year. Thats a strategy play with a profit margin and value creation.
Lovely 😍
Wow ❤
Warren still perfectly sharp at this age...my god
Right?! He might still have another 10 years
@@Elitegama2 that'll be great 👍 he might be at the narrow end of the actuary tables 🙏
Congratulations Warren!
Love him
1:27:00
Why were the questions from the audience so incredibly cringe?
2:00:00
Cereno Scientific dont miss❤❤❤❤
Cero no ??
From 2016 USA make me be virus.
I life ❤ before...
Why now Cer e no ???
icero virus
Was nicer when yaHOO did this
Is it just me or is Warren the same every year, but the crowd is consistently worse.
The share holders don't get dividends
I am telling you Buffett I don't want to be that chair.
wow
LoL
Tahir konyol
1:09:23
Sorry I meant 5 times❤❤🎉🎉
The guy on the right will put the shareholders to sleep. Missing the personality of Munger.
Why w.b. invest to left ?
🏴🌏🌍🌚❤️
Like abba to qabala
Money money money
Most people don’t have munger’s wit and COD lobby energy.
Milyen jó lenne,a magyar szinkron az angol szövegben a kép alatt szövegben magyarul!!
Why aren't you talking about investing in Eledator when even real experienced traders are doing it?
Warren Buffett has always been a "value" investor, who has very consistently shied away from making spontaneous stock trades.
BC crypto is a scam you walnut
Because crypto is a ponzi scheme 🙄
I would give Warren Buffet and the rest of my friends a whole state of corn imports and a 20lbs weight cut… like I can prolly do a few states near Area 51…
Warren T_T please don't die.
family affair
chris allains musical chair
clancy bobby haire
$41,668.01c/ce
Gli a detto di andare a Nuoro di giovedì
💚
👍👍
Hey you KING, nobody cares about what I am saying or doing anymore. No problem! Assume my SNAP benefits are not TOO MUCH to ask. It is not like I am asking for money.
wait so buffet is the one paying for those insane wildfires???? bruhh
Lol
Please help me grandren
Is it just me or does Ajit look a little more like a turtle this meeting
He is evolving beyond our understanding
Dealing with insurance can do that to u
我真帮不了你们什么。年纪大了边学边忘。 不知道什么人还觉得我有价值。我只想一个人学习看书，没必要断我粮票。你已经把我毁了，你还想要什么。
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor he
His most used word is UH
Warren alacarte?? There's always a percentage of cringe questions.
See u later u guys waste my time there is no 2 percent if u didn't try what I do it's none
Just invest in the SP500 index and ignore this charade. BRK.B stock is underperforming the SP500 over the longer term.
1) Buffett himself said that people should keep it easy and invest in index funds
2) Buffett himself said that Berkshire's unlikely to replicate past performance
3) Berkshire outperformed SP500 over the last 5 years (91 vs 78% increase). It did not outperform the likes of VOO though.
4) If I look at the float/equity/cash of Berkshire is way cheaper than SP500, it's not even close. As an investor I feel very positive about Berkshire
5) Berkshire's much less likely to suffer in bad periods as an index fund. May not grow as fast at times? Possible. Hard to say.
💯%
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor they
Poverty of the lazy is layed up for me they shall curse the wealthy and claim welfare “We is unlucky n Shieeeet”
2:18:00