Notes From the 2012 Berkshire Hathaway Annual Meeting

Some notes taken at the 2012 Berkshire Hathaway Annual Shareholder Meeting:

WSJ's Deal Journal Live Blog

On Berkshire's Stock
"If we could have our way, we would have the stock trade once a year and Charlie and I would try to come up with the intrinsic value..."

 On Current Valuation
"We've run Berkshire for 47 years. There have been four or five times where we thought it was significantly undervalued," he says. "The beauty of stocks is they do sell for silly prices from time to time. That's how Charlie and I have gotten rich."

Reuter's also provided this summary.

Reuters Highlights

On Apple and Google vs IBM
"I would not be at all surprised to see them be worth a lot more money 10 years from now but I would not buy either one of them."

"I sure as hell wouldn't short them either." 

"The chances of being way wrong in IBM are probably less, at least for us, than the chances of being way wrong in Google or Apple."

Morningstar also had a live blog for the event and what they found notable can be found here.

Also, check out these detailed notes taken by Peter Boodell, Portfolio Manager and Managing Partner, Boodell & Company Capital Management LLC.

Adam
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Notes From the 2012 Berkshire Hathaway Annual Meeting
Notes From the 2012 Berkshire Hathaway Annual Meeting
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