Why Buffett is sitting out big tech
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 Published On May 4, 2019

Berkshire Hathaway Chairman and CEO Warren Buffett speaks at the 2019 Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. When asked whether Berkshire would take on more big-tech investments, Buffett replied, "We don’t want to try to win at a game that we don’t understand." He goes on to say that while some of Berkshire's principles have "lost their moat," he won't buy something because someone else says it's the smart thing to do.

To watch the complete 2019 Berkshire Hathaway annual shareholders meeting click;
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