Some notes taken at the 2012 Berkshire Hathaway (BRKa) 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.
On IBM (IBM), Google (GOOG), and Apple (AAPL)
"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.
Long BRKb, AAPL, and GOOG. No position in IBM.
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