Regardless of all the mystique around investing, it essentially comes down to understanding business you're buying and viewing it as owning a part of a real company, not just buying a stock. This tends to be true no matter the business, the market, or the state of the marketplace as a whole.
Few financiers have understood this in addition to Warren Buffett and his group at Berkshire Hathaway. With Munger having just recently passed and Buffett using insights into his golden years as the world's premier value investing superstar, what does the future hold for BH with the potential for a huge shakeup in management?
Today finds our hosts back in the "studio" to go over the concern of succession preparation at Berkshire Hathaway, and what that indicates for the worth financier and the marketplace at large.
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Nice to see you both again , If I could controll my emotions , i would be a Daytrader not a Value investor 🙂