Bad for Business? Wild Media Sector Swings Point to Overheated Equities Market
Berkshire Hathaway, the $700 billion holding company headed by legendary investor Warren Buffett.The highlight of the event known as “Woodstock for capitalists” is three-plus hours of open Q&A with Buffett, Berkshire vice chairman Charlie Munger and other top managers at the firm. At this year’s event, held May 1 in virtual form, Buffett and Munger didn’t mince words when asked for their views on the stock market volatility that enveloped ViacomCBS, Discovery and AMC Entertainment earlier this year.