One of the risks with these consumer discretionary companies like a star bucks or cipotele is we get to a point where everything else becomes so expensive, these are the first things that come off the list of the splurge or the spend. That's where pricing power is really is really powerful. What do you think is a good company? Um, that does a good job of illustrating that? So one one that i really like is is master card. I'm a shareholder of master card a for for a long time, and it wins because of just the reality of its entire ness. Model rigts all about activity. This is a as tolbooth of a business
“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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