JEAN PIERRE VERSTER: What Warren Buffett is buying
There were insights aplenty at Warren Buffett’s latest investor pow-wow. Jean-Pierre Verster rounds up some of Berkshire’s recent bets
Last Saturday was the 57th annual meeting of Berkshire Hathaway shareholders since Warren Buffett took control of the company in 1965. By all accounts, attendance was a bit less than the roughly 40,000-strong crowd of 2019, the last pre-Covid event. It was also again livestreamed, allowing pundits from around the world to tune in to the wisdom of Warren Buffett and Charlie Munger without getting on a plane.
Making the pilgrimage does have its benefits, though. Between shopping for Berkshire memorabilia or rare investment books, participating in formal shareholder events (such as a 5km fun run) and meeting up informally with like-minded value investors, many still believe in making the annual trek...