“When I made my mistakes in investing. It’s because I thought I knew something when I didn’t. It was hubris. I just didn’t realize it. I didn’t realize this company was more complex than I thought.” – Phil Town
This week Phil and Danielle record the podcast in person, in Omaha after attending the Berkshire Hathaway annual meeting. They talk about all of the fanboys that come to the meeting and what the atmosphere is like.
They also talk about “Warren Buffett buying Amazon” and how the news headlines were very wrong and the difference between “New Buffett” investing and “Old Buffett” investing. Phil and Danielle also discuss why Buffett isn’t buying back stock and sitting on so much cash.
If you want to learn the other two principles for investing success, join us on the podcast today!
- The Dhando Investor by Mohnish Pabrai
- Warren Buffett speaks at Variant Perspectives Conference
- Women of The Street: Why Female Money Managers Generate Higher Returns (and How You Can Too) by Meredith Jones
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