Warren Buffett's portfolio is falling behind in 2026...

Is Warren Buffett falling behind in 2026? In this week’s 2-Sense, Owen and Drew unpack Berkshire Hathaway, Buffett’s Apple position and the debate over whether AI is changing investing forever — or just changing the story investors are telling themselves. They also break down Magellan’s latest pivot, the May budget chatter around capital gains tax and negative gearing, Bluey’s monster economics, and company updates spanning Coles, ANZ, NAB, Alphabet, Amazon, Meta and Microsoft. It’s a broad but practical investing conversation for Australian investors who want context, not just headlines. You’ll hear where Owen and Drew agree, where they push back, and which stories they think actually matter for long-term investors. Topics covered: - Warren Buffett, Berkshire Hathaway and Apple - AI and the investing outlook - Magellan’s latest move - The May budget, CGT and negative gearing - Bluey’s blockbuster value - Coles, ANZ, NAB, Alphabet, Amazon, Meta and Microsoft Episode resources - Speak with the Rask Advice team: https://rask.au/advice - Ask a question (select the Investors podcast): https://bit.ly/R-quest Show partner resources - ETF investor? Go beyond ordinary with Global X: View all funds https://www.globalxetfs.com.au - Visit TermPlus to learn more https://termplus.com.au/?utm_source=rask&utm_medium=podcast&utm_campaign=investors&utm_term=general&utm_content=youtube_description - Have the chance to win a 5k travel voucher. Take the TermPlus survey here (last entry 31st of May) https://termplus.com.au/money-mindset-index/survey/?utm_source=rask&utm_medium=podcast&utm_campaign=money_mindset_index&utm_term=score&utm_content=ad_read_description Rask Resources - All services: https://bit.ly/R-services - Financial Planning: https://bit.ly/R-plan - Invest with us: https://bit.ly/R-invest - Access Show Notes: https://bit.ly/R-notes - Ask a question: https://bit.ly/R-quest - We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: - Instagram: https://www.instagram.com/rask.invest - TikTok: https://www.tiktok.com/@rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg