Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
Warren Buffett said he could make a 50% return on million.
cash pile
Warren Buffett’s Talk With Shareholders: Cash Nears $200 Billion While Still High On Apple
– Berkshire Hathaway’s cash pile is projected to exceed 0 billion this year.
– Despite selling off a significant portion of its shares in Apple, Berkshire still views Apple stock favorably.
– Buffett believes selling Apple stock now could help Berkshire pay larger tax rates in the future.
– Buffett expressed concerns about advancements in artificial intelligence and its potential for harm.
– Berkshire is not anticipating making many significant investments outside the U.S., except in Canada.
– Buffett teased his eventual succession and named Greg Abel as his eventual successor.
– Berkshire reported profits of .7 billion in the first quarter of this year, with operating earnings rising 39%.
– Berkshire’s annual shareholders meeting this year was the first without Charlie Munger, who passed away last year.