Scot phillips is the motley fool's chief investment officer down in australia. Is there a better investor to talk about than warren buffet? And are there more quotable quotes than those that come from the oracle of omahi himself? I very much t it. Among so many i could have chosen, eause there are so many great ones, is just this one. Calling someone who trades actively in the market an investor is like calling someone who repeatedly engages in one night stands a romantic. To invest is to hold your shares, your stocks, for the long term.
Big Retail starts to report earnings and the news is good (so far).
(0:21) Jason Moser discusses: - Walmart exceeded lowered expectations for the 2nd quarter - CEO Doug McMillon's comments on the new customers that drove results - Home Depot passing inflation costs onto customers (and not missing a beat) - How the expectations bar has been raised for Target and Lowe's
(13:37) Warren Buffett's quotations hold meaning for investors, regardless of their portfolio size. Alison Southwick and Robert Brokamp and a host of Fool investors share their favorite Buffett quotes and why they're relevant.
Stocks mentioned: WMT, HD, LOW, TGT, BRK.A, BRK.B
Host: Chris Hill Guest: Jason Moser, Alison Southwick, Robert Brokamp, Buck Hartzell, Alyce Lomax, Scott Phillips, Anand Chokkavelu Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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