Berkshire Hathaway Warren Buffett

5 Highlights of Warren Buffett Interview on CNBC August 30, 2018

Warren Buffett was interviewed on CNBC on August 30, 2018, his 88th birthday.

The 5 highlights were:

(1) Stocks are currently more attractive than fixed income or real estate.

(2) Buffett recently purchased additional shares of Apple.  The value of an iPhone to the user far exceeds its cost of $1,000.

(3) Berkshire has recently bought back some of its shares since they were priced below their intrinsic value.

(4) Berkshire owns about 9 1/2% of each of the four major airlines and wishes to keep its stakes below 10% to avoid additional regulations.

(5) Packaged food companies are not as attractive as they used to be because retailers are “beating up” on brands.

LEAVE A COMMENT


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others

 

0