Description
Billionaire investor Warren Buffett has recently made headlines with a huge selldown in Apple stock. As his cash pile grows, some are wondering whether it’s time to trim exposure to equities. Today, however, the Economist is asking (again) if Buffett has lost his touch.
Roger Montgomery, CIO and founder of Montgomery Investment Management, shares his thoughts on:
why Buffett can’t help accruing cash, and what he’s really been doing with it
four new stocks that Berkshire Hathaway is buying instead of Apple
the Australian companies that Warren would buy in a sell off, and
how to build wealth like the man himself
You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth
If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.