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Dan Kent

👤 Speaker
552 total appearances
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Podcast Appearances

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Like I said, I would be more concerned if they were spending a ton of money right now because I don't think it takes a genius to realize that the markets are much more expensive than this company is typically ever bought at.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

So-

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, it was a good meeting.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

The one thing I heard and I didn't actually look is the fact that it was like half empty.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Like there was not a lot of people there relative to when Buffett did it.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

So I wonder if that'll be a continuing trend or not.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, I mean, when they think it's cheap, it's probably cheap because they do not buy back shares if they think it's expensive.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

They pull back all the time.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

So if they've started to buy back, they obviously think it's pretty cheap here.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

But yeah, that's all I have on the meeting.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

No, I mean, well, I don't know if you go over it, but like if you buy this and then they go public, do you just get public shares?

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yeah, that's the only question I had because I had I have no idea how any of this works.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

I didn't even know it existed before this episode.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

So I'm new to it as well.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Yes, it is Fortnite.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

So, yeah, I mean, I guess the way to put it is it's very difficult.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

Right.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

I mean, unless you have a lot of money, I guess, which is kind of the way a lot of this stuff works in the world.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

But yeah, I mean, my comments are more on the accredited investor thing, which you're going to get into here.

The Canadian Investor
Berkshire’s $400B Cash Pile + How to Buy Private AI Companies

So I'll chime in in that regard.