Warren Buffett Will Never Want to Go to War with Coca-Cola

(May 5, 2014) In a live interview from the Nebraska Furniture Mart just after the 2014 annual meeting, Warren Buffett explains why he didn’t more aggressively criticize a Coca-Cola compensation plan that he thought was excessive. He is also joined by Charlie Munger as they look back on 50 years at Berkshire Hathaway, and Bill... Continue Reading →

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2013 Berkshire Hathaway Annual Meeting

Warren Buffett recounts how Berkshire partnered with 3G Capital’s Jorge Paulo Lemann to make their $23B acquisition of Heinz. He is also challenged about why GEICO is not copying Progressive’s use of technology that tracks driver behavior, defends buying newspapers after previously saying the industry was dying, and gives credit to President George W. Bush... Continue Reading →

No Confidence in Bitcoin

(May 4, 2013) A few minutes later in the same “Squawk Box” interview, Berkshire Hathaway CEO Warren Buffett explained why he thinks some proponents get angry when cryptocurrencies are criticized. As far back as the 2013 annual meeting, Warren Buffett and Charlie Munger have their doubts that the then four-year-old digital currency bitcoin would ever... Continue Reading →

Class B Stock Split Was “Easy Decision”

(January 20, 2010) On the morning of a special meeting of shareholders called to approve a 50-for-1 split of Berkshire Class B shares, Warren Buffett explains how the BNSF acquisition prompted him to make an exception to his long-standing aversion to stock splits. He also strongly criticizes Kraft’s planned purchase of Cadbury.

Susan Lucci Takes Over Berkshire Hathaway

(May 3, 2008) Actress Susan Lucci makes an appearance at the Berkshire meeting, joking that she has swapped jobs with Warren Buffett. Buffett returns, however, when Lucci starts describing the changes she’s planning for the company.

Economic Impact of Subprime Loans

(May 7, 2007) At the 2007 Berkshire Hathaway Annual Meeting, home prices start declining and some borrowers default on their loans. Looking ahead, Warren Buffett predicts that while this will be a “big problem” for the institutions and individuals involved, he doesn’t expect it to have a significant impact on the economy as a whole.

Challenge of Successors

(May 5, 2007) Warren Buffett and Charlie Munger describe what they are looking for in Berkshire managers and why the right people are hard to come by.

Margin of Safety

(May 5, 2007) Charlie Munger believes that the margin of safety process in investing is similar to processes that exist in engineering. For example, if you are building a bridge, as the engineer you want to make sure that it is significantly stronger than necessary to deal with the very worst case. Warren Buffett wrote... Continue Reading →

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