Warren Buffett Discusses Apple, Cash, Insurance, AI, and More at Berkshire Hathaway's Annual Meeting

Motley Fool05-05

Berkshire cut its Apple stake by 12.9%.Its cash position is expected to exceed $200 billion by the end of this quarter.Buffett said AI has "enormous potential for good and enormous potential for harm....

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Comments

  • neo26000
    05-05
    neo26000
    When he buys, someone else is selling. When he sells, someone else is buying. Hence, choose wisely who you want to follow. [Angry]  
  • Success88
    05-05
    Success88
    👏👏👏👍👍👍
  • CaseyLKC
    05-05
    CaseyLKC
    Great
  • Guavaxf30
    05-05
    Guavaxf30
    Do anyone know if besides BYD, does Berkshire hold any other EV positions?
    • Guavaxf30: 
      Just tead this from Nasdaq news. Credit to David Jagielski.


      “Whether Tesla will be the dominant brand in 10 years is the big unknown. Buffett values a company that has a moat, a strong competitive advantage that can keep competitors away. He clearly does not see Tesla or another major automaker dominating to the point where it can make for a strong investment.”
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