Warren Buffett, chairman of Berkshire Hathaway, Inc., eats a ice-cream bar from Dairy Queen Stores Inc. as he tours the exhibit floor ahead of the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., on Saturday, May 6, 2017. Buffett said during the Berkshire investors gathering that he's more inclined than usual this year to sell some assets because the tax advantage could soon diminish for divesting securities at a loss. Photographer: Daniel Acker/Bloomberg

WORLDVIEW: The weekend’s big share tip from Warren Buffett – follow him and profit.

But undeterred by the IBM setback, the Oracle of Omaha Warren Buffett isn’t abandoning tech stocks.

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10 May 2017, 5:30 am

There's plenty upside to the work I do. For instance, when you get to live tweet an event like the Berkshire AGM on Saturday. And to do it justice, you need to listen carefully. Daydreaming is not an option. Even the call of nature needs to be ignored. Because you never know what is coming next.

A benefit of forced focus is perspective. In the media generally, quotes get selected for their crowd appeal. But to really understand you need the context. Getting it takes time. Especially when it comes to Warren Buffett (86) and Charlie Munger (93), whose words are capable of holding 40,000 shareholders spellbound for five and a half hours.

Since my first visit to Omaha in 2005, I've become a little obsessed with the teachings of Warren and Charlie. Books about them dominate my library where ride of place goes to Berkshire annual reports back to 1965. Snug alongside the masterful "Poor Charlie's Almanack", the Munger-focused equivalent of his hero Benjamin Franklin's annual which America's highly respected polymath produced from 1732 to 1758.

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