Brazilian President Lula: The Brazilian economy will grow and workers need access to capital.

When talking about commercial real estate, Charlie Munger, vice chairman of Berkshire, said that in the United States and the world, commercial real estate problems may be very big, but I think we will get through this crisis.

Charlie Munger, vice chairman of Berkshire: The world now is completely different from when we first started. There is too much money now.

Charlie Munger, vice chairman of Berkshire: Value investors should be used to earning less than others, and part of the reason is because there are too many value investors.

Warren Buffett, CEO of Berkshire Hathaway: I am a little worried about artificial intelligence because we have no way to reverse (uninvent) it.

Charlie Munger, vice chairman of Berkshire: I am personally skeptical about the hype of artificial intelligence, and traditional intelligence (old-fashion intelligence) is just as effective.

Warren Buffett, CEO of Berkshire Hathaway: In the past decade, there have been many public companies in the insurance industry. But these are not what we want. These companies bill themselves as technology companies, but even so, they still need to match the interest rate with the risk.

Jain, vice chairman of Berkshire: Because of these technical problems and risk matching ratio, GEICO still needs to continue to develop. Even so, GEICO had a very good quarter.

Jain, vice chairman of Berkshire: GEICO technology needs more work, which is a challenging technology.

Berkshire Hathaway CEO Warren Buffett: Berkshire added $7 billion in Treasury securities in April.

Berkshire Hathaway CEO Warren Buffett: Interest on cash holdings will increase from $50 million to $5 billion due to (rising) interest rates.

Warren Buffett, CEO of Berkshire Hathaway: The performance of the insurance underwriting business may be better this year.

Berkshire Hathaway CEO Warren Buffett: Berkshire bought $3 billion in U.S. Treasury bills this year, yielding 5.9%.

Warren Buffett, CEO of Berkshire Hathaway: Our investment income this year will increase significantly.

Berkshire Hathaway: At the end of the first quarter, the total fair value of the equity investment in Chevron was $21.6 billion, compared with $30 billion at the end of the previous quarter.

The Australian government expects tax revenue to rise by A$2.4 billion over the next four financial years from July 2023.

Australian Government: Changes to the Petroleum Resource Rent Tax will be made, which will affect offshore LNG projects.

Berkshire Hathaway: bought $2.87 billion of equity securities in the first quarter, while selling $13.28 billion of equity securities.