The Importance of Profit Focused Investments

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I think Buffett blames, he kind of blames everybody, right? Like there aren't good people on the corporate boss side who are deciding whether or not to keep that plant open a bit longer until the people can make their retirement. I think he's wishing people were making choices that were a little more in the middle and maybe a little more profit focused. There is so much wealth now that if you're not driving really fancy cars and living in a big house, you feel like you should be. You feel like you're behind the curve. We're running toward the edge. Ray Dalio screaming from the rooftops that we're running for the edge and that we're there. We're

As the shock waves dissipate following the 2023 Berkshire Hathaway shareholders meeting, they nevertheless continue to be felt as we come back for a third week of analysis on one of the investing world’s most significant yearly events.

This year’s meeting took place in the midst of a tumultuous period of post-pandemic supply chain disruptions, worldwide inflation, and the looming threat of the next big recession.

In the final episode of this three-parter, Phil and Danielle focus on the role of currency in the current economic crises facing the markets. Listen in as they break down the comments of Buffett and Munger and offer their own insights on the topic.

For more pearls of wisdom from the Oracle of Omaha, get your free copy of the Warren Buffett Book of Quotes: https://bit.ly/3OEPXjL

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