INSUBCONTINENT EXCLUSIVE:
Authors: JordanThe shareholders of Berkshire Hathaway gathered on Saturday at the company’s annual general meeting, the "Woodstock for
Legendary investors Warren Buffett and Charlie Munger addressed 42,000-strong gathering at the Century Link Convention Centre in Omaha,
The meeting celebrates the successes of the empire that Buffett built with vice chairman Munger, while offering a chance to learn from the
two icons.
Tanvir Gill of ETNow lists key takeaways from the biggest investing event of the year:2018 earnings enhanced by lowering of
income tax rateAccounting norm changes will create big swings (couple of billions of dollars) in “reported” earnings due to MTM of
investment portfolio.
Trading vs InvestingBuffett started with a personal anecdote and reminded of the bad start the US had to the World War
II against Japan in the Asia-Pacific in March 1942, and how he took advantage of the resultant weak market to buy stocks
This purchase would have been a five-bagger eventually
But only if hadn’t sold too early for a