Berkshire Hathaway: Why 2014s Been a Year to Forget

The transcript discusses Berkshire Hathaway's stock performance in 2014, highlighting key investments like DIRECTV and DaVita. It explores the investment strategies of Ted Weschler and Todd Combs, who manage a portion of Berkshire's portfolio. The discussion also covers energy holdings and the approach of doubling down on investments. Finally, it examines Warren Buffett's shift from stock picking to acquiring whole companies, with a focus on long-term investments.

Which two investments of Berkshire have performed better than the S&P 500?

• Coca Cola and IBM

• Chicago Bridge and Iron

• DIRECTV and DaVita

• Wells Fargo and GM

Who are the two individuals managing a portion of Berkshire's stock portfolio?

• Warren Buffett and Charlie Munger

• Elon Musk and Jeff Bezos

• Ted Weschler and Todd Combs

• Bill Gates and Steve Jobs

What is the strategy of Weschler and Combs when dealing with losing investments?

• Invest in real estate

• Switch to bonds

• Hold and potentially buy more

• Sell immediately

Which company is mentioned as a long-term holding of Warren Buffett that has not performed well this year?

• Amazon

• Tesla

• Coca Cola

• Apple

What is the recent shift in Warren Buffett's investment strategy?

• Investing in cryptocurrencies

• Acquiring whole companies

• Focusing on technology stocks

• Buying government bonds