Market timing is trying to determine that you should be in the market or out of market. buffet and munger don't do market timing, yet they're magically in big piles of cash at the right time over and over and over again. It's not market timing to say, i'm not going buy anything because it's too expensive. Not the market. The things i'm turn ot ye.
Warren Buffett and Charlie Munger’s annual Berkshire Hathaway Shareholder meeting took place on April 30th and covered a wide range of topics, including inflation.
While there was no massive new idea presented at the meeting, it served as a fantastic reminder of the great financial advice Buffett and Munger have been talking about for years.
This week, Phil and Danielle continue their conversation from last week recapping their takeaways and learnings from the meeting, and explaining how you can use those takeaways in order to succeed with your investments.
Learn more about how to successfully and safely invest your money, even in times of inflation, using Phil’s Four Ms for Successful Investing Guide. Download your copy here: https://bit.ly/3sdzw1V
Topics discussed in this podcast:
- Annual Berkshire Hathaway Shareholder meeting
- Market timing
- Bonds vs the S&P 500
- Inflation
- American Express
Resources discussed in this podcast:
For show notes and more information visit www.investedpodcast.com
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