WEALTHTRACK

Whitney Tilson, an influential newsletter editor and former hedge fund manager, discusses troubling signs of a potential bubble in high-quality stocks. He highlights the risks of inflated valuations and shares strategies for investing in leading companies like Costco and Nvidia. Tilson offers fascinating insights into activist investing's impact on firms such as Nike, and emphasizes the importance of a disciplined, long-term portfolio strategy. He also draws wisdom from Charles T. Munger's teachings, illustrating the need for continual learning in the pursuit of quality investments.

Mary Beth Franklin, a Social Security expert, dives into the program's critical financial challenges and future outlook. She highlights the alarming depletion of trust funds by 2033 and discusses individual strategies to maximize benefits. Franklin emphasizes the importance of timing and investment decisions, offering insights on how married couples and divorced individuals can strategically claim their benefits. She also provides advice for younger workers on preparing for potential cuts, ensuring future retirees strengthen their income.

Morningstar's mutual fund expert Russ Kinnel discusses the evolution of mutual funds over 100 years, the impact of ETFs, and the active vs. passive investing debate. They also explore the rise of major fund companies like Vanguard and innovations in actively managed ETFs and crypto ETFs.

Matt Hougan, a renowned crypto expert, delves into the transformative launch of Bitcoin ETFs, marking a pivotal moment for Bitcoin's acceptance in mainstream finance. He discusses the shift from skepticism to trust among major institutions and how regulatory advancements have paved the way for heightened interest. The conversation also highlights the rising significance of cryptocurrencies in investment portfolios, advocating for a thoughtful approach to long-term diversification, particularly with Bitcoin and Ethereum as key assets.

Noted strategist Richard Bernstein shares key investment lessons from the past 20 years. He discusses navigating economic challenges, cautions against hype in artificial intelligence investments, stresses diversification in portfolios, explains the changing fixed income landscape, suggests investing in U.S. mid-caps and small caps, and expresses skepticism towards Bitcoin ETFs.

Renowned strategist Richard Bernstein discusses successful investment themes over the last two decades and focuses on deglobalization and reindustrialization. He compares active vs. passive investing, highlights market leadership, AI narratives, and de-globalization as investment themes, and emphasizes conservative investing and diversification to build wealth.

Larry Cunningham, expert on Warren Buffett, discusses potential changes at Berkshire Hathaway post-Buffett era. Topics include the close partnership of Buffett and Munger, decentralized management at Berkshire, and long-term investment recommendations.

In editing, collating, and compiling The Essays of Warren Buffett for 30 years, Larry Cunningham has developed an in-depth understanding of the Oracle of Omaha’s investment thinking. WEALTHTRACK Episode 2052 broadcast on June 21, 2024 More info:  https://wealthtrack.com/warren-buffetts-investment-evolution-whats-changed-what-hasnt-over-five-decades/ Bookshelf:  The Essays of Warren Buffett: Lessons for Corporate America: https://amzn.to/4bbp6DJ Berkshire Beyond Buffett: The Enduring Value of Values: https://amzn.to/3zaI5Bb Margin of Trust: The Berkshire Business Model: https://amzn.to/4bebl76

Since taking over T. Rowe Price’s Global Technology Fund Dom Rizzo has outperformed his competitors and market benchmarks. He explains why AI was and will be a major emphasis. WEALTHTRACK episode 2051 broadcast on June 14, 2024 More Info: https://wealthtrack.com/ai-could-be-the-biggest-productivity-enhancer-since-electricity-says-t-rowe-prices-dominic-rizzo/

WEALTHTRACK episode 2048 broadcast on May 25, 2024 More Info: https://wealthtrack.com/democracy-beats-autocracy-for-investors-perth-tolles-life-liberty-indexes-prove-it/ Bookshelf: Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice by Bill Browder https://amzn.to/4bQZT23