Warren Buffett’s Last Hurrah

The podcast analyzes Warren Buffett's final stock moves, Berkshire Hathaway's future under Greg Abel, the potential acquisition of Warner Bros. Discovery, and the state of the luxury housing market. Buffett's sales of tech stocks like Apple and Amazon, in favor of media and real-world assets, reflect a value-oriented, boomer-style portfolio. The panel questions how Abel will generate market-beating returns given Berkshire's massive size and cash pile, suggesting a potential dividend payment. The discussion shifts to the ongoing saga between Netflix, Warner Bros. Discovery, and Paramount, with Netflix seen as the likely winner due to its financial strength. Finally, Toll Brothers' earnings highlight the resilience of the luxury housing segment, though concerns remain about overall demand and declining unit volume.