5min chapter

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

TIP548: Berkshire Hathaway Masterclass 2023 w/ Chris Bloomstran

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Psychology of Human Misjoustment

Stig: I think Berkshire is one of the few, maybe Costco, a small handful of others, where it's really a safe to drink the Kool-Aid. You've got 58 years of history with Mr. Buffett running this thing and the trust is verified. There are moving parts that we watch. Stig: When Warren's gone, you've got to watch Greg. If you see a business that starts providing guidance to the street, which most businesses do, there's nothing wrong with that. But if you'll have plenty of red flags, particularly when you're running an insurance operation, they can't kill it at this point.

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