Berkshire Hathaway Units See Weak Demand

Berkshire Hathaway Units See Weak Demand

Assessment

Interactive Video

Business

University

Hard

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The video discusses weak demand affecting earnings in 2023, with a focus on a conglomerate's record operating earnings and optimistic outlook. Warren Buffett's annual letter to Berkshire Hathaway shareholders addresses criticism of share buybacks, defending them against recent proposals to increase levies. Berkshire increased its stock repurchases and maintained a large cash reserve. The video also notes a significant reduction in Berkshire's position in TSMC, which was not addressed in the shareholder letter but may be discussed in an upcoming meeting.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount spent by Berkshire Hathaway on repurchasing its own stock for the full year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant action did Berkshire Hathaway take regarding its position in TSMC?

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