Reading Time: 2 minutes In the annual shareholder meeting of Berkshire Hathaway, Buffett and Munger took on a series of questions from audience as usual. Although I did not go, I found some of those Q&A both interesting and educational. Thanks to gurufocus, the full transcript is here (WB: Warren Buffett, CM: Charlie Munger). Q5: Would you use stock
Reading Time: 2 minutes It seems there is lots of confusion about Berkshire (NYSE:BRK.A, BRK.B) options (paper) loss in its Q1 earning report, especially among individual investors. First, let me quote Buffett’s take on those options in his recent annual shareholder letter (link to letters): “The second category of contracts involves various put options we have sold on four
Reading Time: 2 minutes Here is a link to Q&A transcript of Berkshire Hathaway 08 shareholders meeting. I believe this is more comprehensive than CNBC’s live blog I posted earlier. Berkshire first quarter earning It went down more than 60% over same period a year ago (PDF). But the number does lie sometime, because this is mostly from paper
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