- Charlie Munger (from Berkshire Meeting yesterday), “The reason that I invested in China is I get so much better companies at so much lower prices” (CNBC)
- China Plans Reprieve for Tech Giants, Including Delaying New Rules, as Economy Slows (wsj)
- Warren Buffett’s Berkshire bets big on US stock market (ft)
- With Berkshire Hathaway’s Annual Meeting Back in Person, Buffett Cracks Jokes and Explains His Latest Investments (marketwatch)
- Charlie Munger says he doesn’t like bitcoin because its ‘stupid,’ ‘evil,’ and makes people look bad (marketwatch)
- Chinese Tech Stocks Lead Market Rebound (wsj)
- Buffett Is Back With One of His Biggest Buying Sprees in Years (bloomberg)
- Warren Buffett on Investments, Inflation, Politics, and More (barrons)
- Mario Gabelli, John Rogers, and other elite investors discussed Warren Buffett’s $23 billion of new bets at Berkshire Hathaway’s annual weekend meeting. Here are the best quotes. (businessinsider)
- Alibaba soars 10% as Chinese tech stocks rally after Beijing signals it will pause crackdown on the sector and bolster economic growth (businessinsider)
- Warren Buffett says inflation ‘swindles almost everybody,’ Munger rails against bitcoin, market ‘mania’ (cnbc)
- Buffett gives most expansive explanation for why he doesn’t believe in bitcoin (cnbc)
- At the Berkshire Hathaway annual meeting, Warren Buffett aims to assure shareholders (marketwatch)
- China’s Xi Vows Healthy Development of Capital, Deeper Reforms (bloomberg)
- Has inflation reached a peak? Three signs that prices could soon come down (cnn)
- Fed Prepares Double-Barreled Tightening With Bond Runoff (wsj)
- When the Corvette Got a Major Change, It Revved His Engine (wsj)
- JPMorgan Expects S&P 500 Earnings to Blow Past Gloomy Estimates (bloomberg)
- Activist Investor Daniel Loeb Sees Roughly $1 Trillion of Untapped Value in Amazon (wsj)
- Utility Companies Between 1929 and 1992 (DGI)
Be in the know. 20 key reads for Saturday…
