💡 Berkshire Hathaway's 2024 Annual Meeting - A guiding light for investors?


Warren Buffett dropped several major revelations at Berkshire Hathaway's 2024 Annual Meeting. From surprise investment decisions to candid insights on AI's risks, the Oracle of Omaha kept shareholders captivated.

Here are 4 quotes from Warren Buffet at Berkshire Hathaway's 2024 Annual Meeting:

🔹"I don't mind at all, given current conditions, building a cash position." Berkshire's cash pile hit a record $189 billion in Q1 2024, reflecting Buffett's cautious approach in the current market environment.

🔹"The iPhone may be the greatest product of all time." Buffett's unwavering love for Apple continues, with the tech giant comprising 45.1% of Berkshire's portfolio, showcasing his confidence in the company's products and future potential.

🔹 "If I was interested in investing in scamming, [AI] is going to be the growth industry of all time." 🤖 While acknowledging his struggle to understand AI, Buffett warned about the potential dangers of AI-based scamming, urging caution in this rapidly evolving field.

🔹"We lost quite a bit of money." Buffett candidly admitted to selling Berkshire's entire stake in Paramount at a loss, providing transparency into the company's investment decisions.

As Berkshire Hathaway navigates the ever-changing business landscape, Buffett's insights serve as a guiding light for investors worldwide.

Share your thoughts on the key takeaways from the 2024 annual meeting in the comments below. 📝

Thank you all for your support and your trust

🔗 Don't forget to register and follow us at appcyto.com

👍 Like | 💬 Comment | 🔗 Share | ➕ Subscribe
Connecting Africa, Empowering You!