Sina Finance Interview on Berkshire Hathaway 2021 Annual Meeting
I was interviewed by Sina Finance on the Berkshire Hathaway annual meeting.
The English translation of this article is (from Google Translate):
For 35 years, Professor David Kass has been paying close attention to Warren Buffett’s investment philosophy and regularly including it in the finance courses at the University of Maryland. He has accompanied Maryland students to Omaha many times, conducted private Q&A with Buffett, and regularly attended Berkshire Hathaway (437131, 2011.00, 0.46%) annual meetings.
Buffett’s Berkshire Hathaway Company announced its first-quarter financial report on May 1. The company’s first-quarter operating profit was US$7.018 billion, a year-on-year increase of 19.54%, and the company’s first-quarter net income was US$11.711 billion. In the interview, Professor David Kass expressed his recognition of Berkshire’s business performance in the first quarter. Regarding the shareholder’s proposal for enhanced disclosure of climate change at this meeting, he believes that Buffett’s approach is to protect the interests of shareholders, but such an approach may lose some customers in the long run.