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2-26-2021: Warren Buffett's Long-Time Business Partner Says Diversification Is 'Diworsification'

2-26-2021: Warren Buffett's Long-Time Business Partner Says Diversification Is 'Diworsification'

FromInvestTalk


2-26-2021: Warren Buffett's Long-Time Business Partner Says Diversification Is 'Diworsification'

FromInvestTalk

ratings:
Length:
46 minutes
Released:
Feb 27, 2021
Format:
Podcast episode

Description

97-year-old Charlie Munger is Vice Chairman of Berkshire Hathaway and he argues that owning only two or three stocks can be an advantage--what is his reasoning?

Today's Stocks & Topics: ENPH - Enphase Energy Inc., VZ - Verizon Communications Inc., TOL - Toll Brothers Inc., NEM - Newmont Corp., Economic Numbers, SNDL - Sundial Growers Inc., GOLD - Barrick Gold Corp., AMD - Advanced Micro Devices Inc., Deferred Annuity, BIG - Big Lots Inc.

TRIVIA QUESTION: "Can you name a scientific discovery that evolved into a business or an industry-- or that influenced the direction of existing public companies?"

Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.

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Released:
Feb 27, 2021
Format:
Podcast episode

Titles in the series (100)

In today's ever changing global economy, understanding investment options can be a daunting, time-consuming task. With all the opinions and hearsay that can bombard investors, education is a key component to success. That's why more and more savvy investors are tuning into InvestTalk. InvestTalk is a weekday program that looks at new and relevant investment topics each weekday, and answers questions about financial and retirement planning, money management as well as general concerns about the stock market with financial adviser, Steve Peasley.