I think large cap companies probably are have a higher likelihood of being maturing just by nature the fact that they're large cap. I do enjoy looking at smaller or even you know mid-sized companies because it helps me better understand what's going on in the world around me. As an entrepreneur during covid I read all of the 10k's for all similar companies to mine and it really helped me see the competitive landscape in a way that I wouldn't have seen it before. Small businesses are such a huge force in the United States right small businesses are really someone could say the lifeline or the lifeblood of our economy. It makes businesses less scary as something that 10k's are
IN THIS EPISODE, YOU’LL LEARN:
02:00 - What led Chris into being so passionate about studying Warren Buffett and Charlie Munger.
08:45 - Why Chris chooses to allocate most of his portfolio to index funds.
17:18 - Why Chris typically avoids investing in more mature companies.
23:20 - How Warren Buffett’s definition of risk differs from that of the academics.
29:14 - What makes Costco such a great business.
36:21 - The opportunities for growth that Costco will be pursuing.
55:22 - How Warren Buffett and Charlie Munger’s investment strategies differ.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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