Buffett Cuts Shares in TSMC, Bulks Up on Apple, Paramount

The transcript discusses Warren Buffett's uncharacteristic short-term investment in TSMC, diverging from his usual buy-and-hold strategy. It highlights Berkshire Hathaway's opaque investment decisions and the influence of its equity investing heads, Todd Coombs and Ted Wexler, who are incorporating more tactical trading. The discussion also covers Berkshire's bullish stance on China, driven by Charlie Munger, and the company's potential future investments, including speculation about its $100 billion cash reserve. Despite recent tactical moves, Berkshire is expected to maintain its long-term strategy.

What does Warren Buffett's investment strategy typically focus on?

Why did Warren Buffett sell his shares in TSMC shortly after buying them?

How has Berkshire Hathaway's investment approach changed under Todd Coombs and Ted Wexler?

What are some characteristics of the companies that Warren Buffett tends to invest in?

What implications does the change in Berkshire Hathaway's strategy have for its long-term investment outlook?