The First Experience at the Berkshire Hathaway Annual Meeting in Omaha

Investor, business journalist, writer, and author of the Nightcrawler Newsletter shares his lessons and wisdom

Eric Markowitz is a Partner and the Director of Research at Nightview Capital. Nightview is an investment management firm that runs a concentrated, "best ideas" public equity strategy for long-term investors. Eric was previously a business journalist and published in The New Yorker, Newsweek, and Inc. magazine, among other outlets. He is a winner of a Best in Business Award from the Society of American Business Editors and Writers. He currently writes The Nightcrawler, an idea-driven weekly newsletter about long-term investing. He resides in Portland, Oregon with his wife and daughter.

www.nightviewcapital.com/thenightcrawler

www.twitter.com/ericmarkowitz

Eric recently made public a very personal story, which touched me and moved me, and I highly recommend it: How a brush with death shaped my long game — https://bigthink.com/the-long-game/how-a-brush-with-death-shaped-my-long-game/ — the link is in the notes to the episode.

Eric was kind enough to feature some of my Substack essays in his newsletter, including my post about the benefits of constraints in wealth money and investing. If you like Talking Billions, you’ll probably enjoy Eric’s newsletter.

https://bogumilbaranowski.substack.com/p/benefits-of-constraints-in-wealth

Eric emphasizes attending the Berkshire event in Omaha as a unique experience for investors, offering networking and relationship-building opportunities. We discuss how early memories of money shape one's perspective on investing, highlighting the importance of financial education from a young age. My guest shares what it was like to move from investigative journalism to investing, and which skills translated the best.

Eric tells me the art of asking questions requires active listening and creating a comfortable environment for candid insights. We discuss the importance of curating information in an age of abundant data to provide valuable insights. My guest shares that learning in public through writing fosters continuous learning sharpen thinking and creates opportunities for feedback and connection.

Eric emphasizes the crucial role of trust in investing, noting how body language and intonation reveal insights into company leaders' character. My guest shares that negativity and groupthink hinder long-term investing success, stressing the importance of resilience and adaptability.

Eric tells me success involves addressing problems, supporting longevity, and maintaining physical and mental health. Please stay tuned until the end, when we discuss long-term investing focusing on generational winners, asymmetry, and sustainable practices.

In the last minutes of the episode, my guest shares that success is dynamic, involving stewardship, service, and the pursuit of knowledge.

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. 

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.