The amount of capital really limits what they can invest in. that i think is missed a lot by especially new investors. warren buffet charlie monger was part of that process in 2016 the expectations of apple were very bad fortune magazine called it a risky stock and at the time carl icon had just dumped all his shares he owned at least one percent to get out of this people now look back and say you know warren buffet missed the boat with bitcoin or zoom or whatever at the time It wasn't an easy pick because they have the disadvantage of their size, says Bircher.
IN THIS EPISODE, YOU’LL LEARN:
02:00 - What led Chris into being so passionate about studying Warren Buffett and Charlie Munger.
08:45 - Why Chris chooses to allocate most of his portfolio to index funds.
17:18 - Why Chris typically avoids investing in more mature companies.
23:20 - How Warren Buffett’s definition of risk differs from that of the academics.
29:14 - What makes Costco such a great business.
36:21 - The opportunities for growth that Costco will be pursuing.
55:22 - How Warren Buffett and Charlie Munger’s investment strategies differ.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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