Everything Buffett and Munger ever said about Apple (video)

Updated with highlights of Berkshire Hathaway’s 2018 annual meeting.

My take: You’ve probably read the news, but I always like to hear it from the horse’s mouth. Happily, this half-hour video—a true labor of love—is last in first out; you can start at the present and work back in time.

4 Comments

  1. Michael Thompson said:
    I’d probably be more inclined to listen to the advice of Rod Hall, Aaron Rakers, Jun Zhang, Mark Moskowitz, Sherri Scribner, Katy Huberty Walter Piecyk, Abhey Lamba, Tim Long, Toni Sacconaghi, Jeffrey Kvaal, T. Michael Walkley, Steven Milunovich, and other member of the Clown Clique rather than the greatest investor in world history.

    Um no.

    The next series of purposefully negative analyst calls must be attacked with their historically inaccurate previous boneheaded calls.

    1
    May 7, 2018
  2. Fred Stein said:
    Love it; WB: It’s hard to find a better investment at scale approaching $100B. WB: Buying your company is an asset you understand better than any other company. CM: most large non-organic acquisitions go negative.

    What so many miss is so obvious. Apple’s IRR is 7% which will likely grow by 10% this year due to buybacks alone and continue in future years due to buybacks without any growth. Financial advisors will tell you that beats the odds.

    Why do so many miss this? Simple. Dramatic upside stories dominate the media. The mediocre investments get no press and the failures get press for only a short time. And that is ‘reality distortion’.

    1
    May 7, 2018
  3. Richard Wanderman said:
    I finally got a chance to watch that great video compilation. What’s great about Buffett is that he knows little about using Apple’s devices or ecosystem (short of watching his kids and grandkids) but he sees the company through the lens he knows the most about: finance. He, like us, looks at Tim Cook as a steady hand.

    I’ve followed and liked Buffett for a long time and the fact that he’s long on AAPL and has such a substantial investment in it is heartening. It’s not just good for all of us financially, it’s good for us psychologically.

    Out with Icahn, in with Buffett.

    0
    May 9, 2018

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