Bloomberg Surveillance: Bill Smead on Warren Buffett
Bloomberg Radio Hosted by Tom Keene and Pimm Fox
Bloomberg Radio Hosted by Tom Keene and Pimm Fox
Warren Buffett has been arguably the best asset allocator and value stock picker of the last 60 years. We are normally thrilled to sit in his classroom. Quite frankly, we were baffled by the Berkshire Hathaway Annual Meeting held on Saturday in Omaha. Buffett spent an hour reminding us of all the extremely challenging things that this American economic prosperity has had to withstand to get to today. Then he spent the following three hours making us wonder how long we are going to wait for the coronavirus pandemic to prove his main theory true.
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