The Difference Between Cash and Trash

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He's basically saying that people are hoarding cash. He didn't say this, but it is going to hit the fan. They don't know when and cash is not trash because cash is what you need to buy stuff with that goes on sale. That's what I think he was saying. Since Warren is also sitting on 143 billion dollars of cash, it's, it's unbelievable.

As the shock waves dissipate following the 2023 Berkshire Hathaway shareholders meeting, they nevertheless continue to be felt as we come back for a third week of analysis on one of the investing world’s most significant yearly events.

This year’s meeting took place in the midst of a tumultuous period of post-pandemic supply chain disruptions, worldwide inflation, and the looming threat of the next big recession.

In the final episode of this three-parter, Phil and Danielle focus on the role of currency in the current economic crises facing the markets. Listen in as they break down the comments of Buffett and Munger and offer their own insights on the topic.

For more pearls of wisdom from the Oracle of Omaha, get your free copy of the Warren Buffett Book of Quotes: https://bit.ly/3OEPXjL

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