Bill Stone, main investment officer at Glenview Have confidence in, has attended 20 Berkshire Hathaway yearly shareholder conferences in Omaha, Nebraska. A longtime Warren Buffett disciple and a Berkshire shareholder considering the fact that 1999, Stone’s personal investing type has been impressed by the “Oracle of Omaha” — a value-oriented strategy with an emphasis on the so-referred to as margin of protection. “You glimpse at stocks, not as pieces of paper, but as organizations,” he reported in CNBC’s latest Professional Talks . “Can they stand up to levels of competition? Can they carry on to receive these gains? Can I maybe forecast that they’ll go on to gain these earnings?” Ahead of this year’s “Woodstock for Capitalists” Saturday, Stone shared what he’s learned from Buffett’s investing philosophy and what he expects from the yearly assembly without the late Charlie Munger. Stone joined CNBC’s Senior Markets Correspondent Dominic Chu and CNBC’s Markets Reporter Yun Li in a exclusive Pro Talks conversation to examine: How Stone’s start off on Wall Avenue coincided with Buffett’s time at Salomon Brothers Buffett and Munger’s lifetime classes on Stone’s experienced and personalized everyday living How Stone became a Berkshire shareholder and his encounter in Omaha in excess of the many years How Munger’s passing put the spotlight on Berkshire’s succession prepare For extra of Stone’s insight on Buffett’s most recent picks and investing approaches, Pro subscribers can check out the relaxation of the chat listed here .
