When we're in an inflationary environment, you tend to see interstraits go up. That's one of the central banks main ways to keep inflation in check. And for a business like brookfield, so it's its sponsor, a brookfield asset management, right? Is this massive alternative asset manager that's been around for three decades and has a very long track record of navigating inflationairy environments)? Yes. It's an amazing, amazing, boring business that people ignore, that has crushed the market since it existed.
“We’re not stock pickers, we’re business pickers.” Warren Buffett’s most recent letter reminded investors of the discipline he and his investing team at Berkshire-Hathaway apply to their work each day. And while there’s nearly $150 billion in cash on the balance sheet, Buffett still hasn’t pulled out his famed “elephant gun” just yet.
(0:25) John Rotonti discusses: - His top takeaway from the letter
- Buffett’s praise for Apple CEO Tim Cook
- The case for Berkshire-Hathaway buying semiconductor design company Arm Limited (13:00) Dylan Lewis and Jason Hall discuss two unexpected companies that are winning due to higher inflation. Stocks discussed: BRK, AAPL, NVDA, F, GM, TSLA, MA, BIP, SBUX Host: Chris Hill Guest: John Rotonti, Dylan Lewis, Jason Hall
Producer: Ricky Mulvey Engineer: Rick Engdahl
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