Berkshire Hathaway doesn't pay a dividend, its cash pile keeps growing, and Buffet says it's gotten too big to make acquisitions that can impact the company. Meanwhile, utility ETFs have a steady 3.5% dividend yield. Which will be the better-performing investment going forward? Topics covered include: Show Notes Berkshire Hathaway 2023 Shareholder Letter The Man Preparing for a Berkshire Hathaway Without Warren Buffett by Justin Baer—The Wall Street Journal Warren Buffett … [Read more...]
410 Plus: TIPS Auction Results, Normal Interest Rates, 90/10 Portfolios, and Financial Independence
In Plus episode 410, we review the results from the recent TIPS auction that David participated in. We look at what determines interest rates and whether there is a normal level. We discuss Warren Buffett's recommended portfolio allocation for a trust he set up. Finally, we look at what financial independence means. Become a Member If you would like to listen to this episode of Money For the Rest of Us Plus, you can do so by becoming a Money For the Rest of Us Plus … [Read more...]
401: Why Diversifying Your Portfolio Feels Awful
Warren Buffet said, "Diversification makes very little sense for anyone that knows what they’re doing." He also said, "Diversification is a protection against ignorance..." Most of us need that protection against ignorance, yet diversification often makes us feel bad when some of our holdings don't do as well as others. We make the case why we should diversify anyway. Topics covered include: Show Notes Warren Buffett and Diversification—GrahamValue.com The Complete Berkshire … [Read more...]
275: Are You Over Diversified?
Is it possible to be too diversified in your investment portfolio and how can you tell? Why Warren Buffet thinks diversification is protection against ignorance. In this podcast episode you’ll learn: The skills you need to be able to select individual stocks.How have active managers outperformed relative to passive indexing products.How much diversification is too much and a test to determine if one is over diversified.What is factor investing and which factors have worked over … [Read more...]
242: Should You Let Warren Buffett Manage Your Money?
Does it make financial sense to buy Berkshire Hathaway stock and let Warren Buffett and Charlie Munger manage your money? We evaluate Berkshire Hathaway's people, investment process and performance to determine what to do. In this episode you’ll learn: Show Notes Berkshire Hathaway 2018 Annual Report and Shareholder Letter Berkshire Hathaway 2013 Shareholder Letter Warren Buffet Admits Overpaying for Kraft - Financial Times Warren Buffett: I Overpaid for Kraft Heinz - … [Read more...]
194: Four Investment Lessons From Warren Buffett
Four investment lessons from Berkshire Hathaway's fiscal year 2017 Shareholder Letter with additional insights from Howard Marks and Seth Klarman. In this episode you’ll learn: Show Notes Berkshire Hathaway shareholder letter Investors Zeal To Buy Stocks with Debt Leave Markets Vulnerable - Wall Street Journal The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor by Howard Marks Episode Sponsor AutoSlash, the #1 site for getting a great … [Read more...]
70: Rule #1 and the Investor’s Journey
Should you invest like Warren Buffet? How your temperament, experiences, interests and skills influence how you invest. Plus why most passive index investors unknowingly make active investment decisions. In this episode you'll learn: How investing is like being on a hero's journey.How to invest like Warren Buffet and Phil TownWhy most active managers don't beat the market.What is the efficient market hypothesis.What assets and weights comprise the global market portfolio.What … [Read more...]
