Animal Spirits Podcast cover image

Talk Your Book: Compounding with Concentrated Portfolios

Animal Spirits Podcast

00:00

The Strength of Stocks in 2022

The fund was down 22% in 2020 to do and I always say that was an unpleasant experience, but there was nothing about the experience that was insidious. We came into the year with high starting valuations for businesses we owned although we didn't own any of the bubble type stocks. The consumer continues to be resilient It just hasn't shown up yet But people are working people are spending Every and you know the stock the housing market There's no transaction volume, but the low inventories keeping a floor under prices.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app