In 1999, the internet bubble was in full swing, and one shareholder at the Berkshire Hathaway annual meeting wanted to know why Warren Buffett and Charlie Munger weren't rushing to buy tech stocks.
Q4 hedge fund letters, conference, scoops etc
This is something the Oracle of Omaha has spoken about many times before. The simple fact of the matter is, for many years he didn't want to invest in tech stocks because he did not understand the sector (despite being best friends with Bill Gates for many years).
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