Berkshire 2012: Buffett on Apple and Google

Welcome to our coverage of the Berkshire Hathaway (NYS: BRK.A) (NYS: BRK.B) annual shareholders' meeting, also known as Woodstock for Capitalists! While cameras are strictly prohibited in the arena with Warren Buffett and Charlie Munger, Brendan sneaked outside to the exhibition hall to offer a quick reaction to some of the Q&A session so far. One of the questions focused on what Buffett thinks about Apple (NAS: AAPL) and Google (NAS: GOOG) . Not surprisingly, Buffett said he just doesn't understand the companies well enough and won't be buying shares of either one, but he also said he certainly wouldn't short them, either. Check out the following video, where Brendan details Buffett's remarks and his reaction to them, and make sure to follow Buffett and Munger's Q&A with our live chat. Even after Berkshire 2012 is over, check out this site to get a recap of the meeting, featuring everything from detailed notes on Buffett and Munger's Q&A to pictures and videos from the event.

At the time thisarticle was published Brendan Byrnes owns no shares of any company mentioned above. The Motley Fool owns shares of Berkshire Hathaway, Google, and Apple.Motley Fool newsletter serviceshave recommended buying shares of Google, Apple, and Berkshire Hathaway and creating a bull call spread position in Apple. The Motley Fool has adisclosure policy. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.

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