What Warren Buffett ‘Oracle of Omaha’ said about China, Donald Trump, tariffs, Apple and retiring at annual Q&A with Berkshire shareholders
The shareholder meeting celebrates the successes of the conglomerate that Buffett built with Berkshire Vice Chairman Charlie Munger while offering a chance to learn from the two accomplished businessmen
Billionaire investor Warren Buffett and Berkshire Hathaway Inc Vice Chairman Charlie Munger answered five hours of questions from shareholders, journalists and analysts at Berkshire’s annual meeting in Omaha, Nebraska.
The weekend known as “Woodstock for Capitalists” is unique in corporate America, a celebration of Buffett’s success at a conglomerate whose businesses range from Geico insurance to the BNSF railroad to See’s candies to Ginsu knives.
Below are the comments from Buffett, the “Oracle of Omaha,” on a wide range of investments and other topics:
Large acquisitions outside the United States
“Outside the United States ... we are not embedded in (sellers’) minds in the same way. We are on the radar screen big-time in the United States ... I hope tomorrow I’ll get a call from Germany or Britain ... or Australia ... and we’ll get an opportunity.”
“In terms of getting a lot of money into something, many billions ... that can be tougher in markets that you’re unfamiliar working in. Accumulating a $6 or $8 or $10 billion position outside the United States can be very difficult.
“Charlie keeps pushing me to do more in China.”
