5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP446: Berkshire Hathaway Annual Shareholders Meeting 2022

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Inflation Piece Is Very, Very Tough

Inflation is such a hot topic right now. The way to think about t is more like a hirarchy of inflation. Intangible are, incomparison, better than tangible assets in times of inflation. Buffit has this example of ss candy that he's provided quite a few times in his annual letter. But basey, what i says is that you don't have to replace intangible assets.

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