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2023 Charlie Munger Daily Journal Annual Meeting

1 year, 9 months ago

TLDR: Charlie Munger, during the Daily Journal Shareholders Meeting, talked about his investment strategies and criticized Jack Ma, while expressing disagreement with President Biden's policy on stock buybacks but approving Berkshire's own strategy. In other interviews, Munger shared insights on co…

2022 Charlie Munger Daily Journal Annual Meeting TLDR

1 year, 9 months ago

Charlie Munger, Vice Chairman of Berkshire Hathaway, expressed confidence in the company's investments in Chinese firms and warned of potential excesses in the stock market, cautioning against the speculative element. He dismissed cryptocurrencies as a "venereal disease" and highlighted the need fo…

Meta Q4 2022 earnings call TLDR

1 year, 9 months ago

During Meta's fourth quarter and full-year 2022 earnings call, CEO Mark Zuckerberg outlined the company's priorities, including AI, ads, business messaging, and the metaverse. The Year of Efficiency is Zuckerberg's management theme for 2023, focused on executing these priorities, building better pr…

Amazon Q4 earnings call TLDR

1 year, 9 months ago

Amazon.com reported worldwide net sales of $149.2 billion, a YoY increase of 12%, excluding forex impacts, during its Q4 2022 Financial Results Teleconference. The company also reported a net income of $278 million, including a pretax valuation loss of $2.3 billion from its common stock investment …

Netherlands to restrict some chip tech exports

1 year, 9 months ago

TLDR: The Dutch government has followed the US in placing restrictions on exports of the country’s “most advanced” microchip technology to safeguard national security. Dutch chip equipment manufacturer ASML is a key supplier to the global microchip market, and the restrictions have prompted a forma…