The following video is from Monday's MarketFoolery podcast, in which host Chris Hill and analysts Matt Argersinger and Jason Moser discuss the top business and investing stories of the day.

Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) CEO Warren Buffett published his annual letter to shareholders on Friday. The Oracle of Omaha said that stocks are still undervalued relative to other assets and called the long-term government bond the "dumbest investment." In this installment of MarketFoolery, our analysts give their takeaways from Buffett's letter.

The relevant video segment can be found between 0:00 and 5:11.

For the full video of today's MarketFoolery, click here.