372- From the Vault: Warren Buffett's Inflation Principles
InvestED: The Rule #1 Investing Podcast
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How to Adapt to the Head Wind of Inflation
I'm going to leave you finally, just with this, a deep dive into whether equity really adds any value against what he describes as the head wind of inflation. He wrote this comment on change. When change is slow, constant rethinking is actually undesirable. It achieves little and slows response time. But when change is great, yesterday's assumptions can be retained only at great cost. And the pace of economic change has become breath taking. To be ready makes us more agile, makes us more anti fragile,. regardless of what happens. I don't care if inflation is happening or not. That's a great company.
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