Equity Mates Investing Podcast 6 lessons from Buffett's annual letter, Pimp my Portfolio & Australia's quantum computing breakthrough
23 snips
Feb 26, 2025 Luke Larative, a financial advisor from Seneca Financial Solutions, joins to dissect Warren Buffett's latest annual letter. They share six key takeaways that reveal Buffett's enduring wisdom. Luke also dives into the drama at WiseTech Global and the implications for investor confidence. The discussion shifts to Australia’s cutting-edge advancements in quantum computing, highlighting its potential impact on the market. Listeners get personalized portfolio adjustments in the popular 'Pimp My Portfolio' segment, showcasing practical investment strategies.
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Diversification Advice
- Diversify your portfolio with at least 15-20 companies across 5-6 sectors.
- Avoid over-concentration, even in high-performing stocks like Visa and Mastercard.
Portfolio Weighting
- Keep your largest portfolio holding below 15-20% to manage risk effectively.
- High conviction can lead to underperformance if the market disagrees.
Berkshire vs. S&P
- Berkshire Hathaway consistently outperforms the S&P 500.
- Since 1965, Berkshire's annual return is 19.9% vs. the S&P's 10.4%.
