While researching another topic on the Fortune Magazine website, I found an interesting interview with Carol Loomis which was recorded prior to the Berkshire Hathaway annual meeting. As most Berkshire Hathaway shareholders know, Carol Loomis is a longtime friend of
Last month, I wrote about the increased interest in electric car technology that seems to be persisting despite steep declines in the price of oil and gasoline since last summer. I have been skeptical about prospects for electric vehicles for years but Berkshire Hathaway’s investment in BYD has led me to re-evaluate my assumptions. BYD’s new e6 electric vehicle has the potential to be a “home run” concept given the 249 mile range that is available on a single charge and the ability to recharge to 50% capacity in only 10 minutes.
During the Berkshire Hathaway annual meeting last weekend, Warren Buffett surprised the audience with an earnings preview immediately after returning from the lunch break. Berkshire Hathaway filed a 8K Report with the SEC today with a transcript of the comments that were made. Berkshire will file the 10Q Report for Q1 2009 after the close of trading on Friday, May 8. This article takes a look at Buffett’s earnings preview presented at the Berkshire annual meeting on May 2.