May 4, 2024

On Friday the S&P 500 was up a hefty 1.3% and Toronto was up 0.6%.

Apple was up 6.0% after its strong earnings release.

Shopify was up 3.4%.

I had the opportunity to listen to the entire 5 hour Q&A session lice streamed from Berkshire Hathaway’s annual meeting. Buffett’s wisdom is always worth listening to. I ended up with 8 pages of notes.

It was interesting that his two investment helpers in no way got top billing. In fact they were barely mentioned. I would not be surprised to see one or both of them leave. Buffett made it clear that Greg Able will be in charge of investments as well as will be CEO after Buffett. Unless those two really like Greg, they will probably head for the door.

 

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