Is Warren Buffett finally falling behind in 2026, or is Berkshire Hathaway simply playing a very different game to the rest of the market? In this episode of The Australian Investors Podcast, Owen Rask and Drew Meredith unpack Buffett’s giant Apple stake, Berkshire’s cash pile and the bigger question every investor is asking right now: does AI change the rules, or just change the headlines?
From there, the conversation turns local. The pair break down Magellan’s decision to outsource management of its global equities funds, what that says about the business, and why this kind of pivot matters when a once-dominant fund manager starts reshaping its identity. They also dig into the May budget conversation, including capital gains tax, negative gearing, new housing incentives and how policy proposals can ripple through portfolios far beyond property.
There’s plenty more packed in too: Bluey’s eye-popping economics, company updates from Coles, ANZ and NAB, reflections on Alphabet, Amazon, Meta and Microsoft, plus a practical buy, hold or sell-style chat that brings the episode back to real-world investing decisions. It’s fast, opinionated and broad-ranging without losing the investing lens. If you want a sharp weekly reset on the stories moving markets, money and investor thinking in Australia, this is a strong one to queue up.
