2021 Berkshire Hathaway Annual Meeting - Part Two Viewer Friendly Version With Chapters скачать в хорошем качестве

2021 Berkshire Hathaway Annual Meeting - Part Two Viewer Friendly Version With Chapters

The annual event took place in a hotel conference room in Los Angeles rather than in an arena in Omaha, Nebraska, due to the ongoing pandemic. Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain, in a signal of potential succession plans at the company. 0:00:00 Motivation Determines The Morality Of Share Repurchases 0:03:32 Tax Law Change Wouldn’t Affect Berkshire’s No-dividend Stance 0:05:52 Buffett Voted For Biden But Doesn’t Want To Talk Taxes At The Meeting 0:07:35 Munger On Tax Hikes: “mistake To Be Basically Anti-capitalist” 0:08:22 Munger On Taxes: “it Is Stupid For States To Drive Out Their Wealthiest Citizens” 0:09:27 It’s “fiction” That All Corporate Tax Hikes Are Passed On To Consumers 0:12:11 Buffett: I’d Like My Money To Go To Philanthropy Rather Than Reduce The National Debt 0:15:00 Pandemic Risk Was “totally Underpriced” By Insurance Industry 0:19:53 Berkshire Covid-19 Insurance Payouts Will Be “a Lot, Lot Higher” Than Current Reserve Of $1.6 Billion 0:22:34 Kansas City Southern Acquisition Won’t Have Huge Impact On BNSF 0:28:36 Successful Acquisitions Naturally Become A Bigger Part Of The Business 0:33:30 Buffett Follows Politician’s Lead And Dodges Bitcoin Question 0:34:56 Munger: “Of Course, I Hate The Bitcoin Success” 0:35:45 Our Texas Energy Proposal May Not Be The Best, But It’s Better Than Musk’s 0:41:52 Buffett Jokes That Decision To Insure A Elon Musk Mission To Mars Would Depend On The Premium 0:43:00 “Everybody’s Looking” For Businesses That Don’t Need Much Capital 0:46:00 Why Portfolio Managers Todd Combs And Ted Weschler Don’t Answer Shareholder Questions 0:47:37 Munger: “the Chinese Government Will Allow Businesses To Flourish” 0:50:28 “We Don’t Know” If Biden’s $1.9b Stimulus Plan Would Cause Inflation 0:54:05 “I Like Banks Generally” But We “didn’t Want As Much In Banks As We Had” 0:55:42 Buffett Declines To Explain His Thinking On Purchase Of Verizon Stock 0:56:30 We Don’t Spend Time Thinking About What Happens If Laws Change 0:59:12 Less Demand For Berkshire’s Ability To Quickly Insure Enormous Risks 1:01:12 Abel: “Pleased” With Kraft Heinz Ceo 1:03:00 Danger Of The “myths” CEOs Create About Their Companies 1:06:20 Why Berkshire’s Haven Joint Venture Lost Against The “tapeworm” Of Health Care Costs 1:11:50 Munger Unintentionally Reveals Greg Abel Designated To Eventually Replace Buffett As CEO 1:16:44 “You Really Got To Be In Love With Your Business” 1:19:12 Robinhood Encourages Financial Market “gambling” 1:24:05 Berkshire Subsidiaries Are Seeing Unexpectedly High Inflation 1:28:17 Abel: Scarcity Of Some Raw Materials Is Driving Up Prices 1:29:12 Munger: Quant Funds Do Better With Short-term Trading Than Long-term Trading 1:30:44 Turnover In Berkshire’s Stock Portfolio Hasn’t Changed But “it’s Still Too Much” 1:31:52 States Still Have “big, Big, Big” Pension Problems 1:35:55 “Strange Things” Have Happened, But We Always Try Not To Disappoint The Shareholders #WarrenBuffett #CharlieMunger #BerkshireHathaway Best Investing Books: Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger - https://amzn.to/3qWnmu4 Charlie Munger: The Complete Investor - https://amzn.to/3H4ci3J University of Berkshire Hathaway - https://amzn.to/34aG7kM On Success Hardcover by Charles T. Munger - https://amzn.to/35ba2JS The Intelligent Investor - https://amzn.to/3FXNU2r The Warren Buffett Way - https://amzn.to/3GZqZFn (The above are affiliate links that help support the channel.)