The Berkshire Hathaway annual shareholder meeting has become a pilgrimage for die-hard investors and fans of Warren Buffett. And each year, Buffett and his right-hand man, Charlie Munger, never fail to deliver, imparting words of wisdom and insightful anecdotes to inspire the everyday investor. This year, the legendary duo shared their unscripted thoughts on a variety of topics, including investing, markets, the world economy, and lots more. Here are three things I learnt from the meeting. Lesson No. 1: Be careful when investing in hyped-up IPOs with no profits While Berkshire has finally invested in e-commerce giant Amazon, Buffett is still careful about investing in high-growth companies with no profits. He said these companies still have a lot to prove to investors and noted that the â€

Cordlife Group Ltd (SGX: P8A), or Cordlife for short, recently saw its share price surge by 24% from S$0.41 to S$0.51 before the company called for a trading halt. The company was not aware of any reason for the jump in the share price. As a recap, Cordlife is a consumer healthcare company which helps mothers store their babies’ cord blood and cord lining, and is a pioneer in private cord blood banking in Asia. The group has processing and storage facilities in six countries across Asia – Singapore, Hong Kong, Malaysia, India, Indonesia, and the Philippines. Cordlife has a unique business model and is one of the market leaders in its field. However, does this make it a great business to own? Let’s take a look at some aspects and drivers of Cordlife’s business. Cash